The fondowing tramakons took place darry the manith of lainuar. i/s kimten imvented an addnonal ssogoce of cast in the berinen 1/to poid malsies of 530000 1/18 colestind a castumer anowe trenthable of 510000 1/20 Paid the utilify bel of 51,000 1/24 Pudrent of 53000 1/2 tartin withdene 52.40 1/at Pecthand stipno of Supoh 1. Secip tfe neceuwy T-acoounts and ertier the begoning balinne from the inlal talanor 2. Prepaie a ecosial entry for entier the tuamactian 1. Povt the ioumalentuses to the anconnts 1. Actued swleies it war-end amount so 57,000 Giehul live it 60 month: a. One haif of the une imed revenie had bees rameit dura the monti thiat ath of the yeu end atiounti nceipable ant not ber colleded 9. Pipgare agoif doury thal lalanet Ncetadit ieval Profect Wherse 2011 Wio luckateing giodoo 1) 10 poul the veicty bit of 51,000 ines inate withsrew 12+00 ifin purtaind 51300 of \$hayne The following transactions took place during the month of lanuary. 1/1 Karlin provided services to a dient for 5,0,000 and collected cash 1/5 Karlin invested an additional $10,000 of casth in the bisiness 1/10 Paid salaries of 510,000 1/15 Karfin provided services to a client for $30,000 on credit. 1/18 collected a customer accounts receivable of $10,000 1/20 Paid the veility bill of $1,000 1/22 Parchased a building paying $5,000 in cash and signing a notes payable for the $10,000 1/24 Paid rent of $5,000 1/28 Karlin withdrew $2,500 1/30 Purchased 51,500 of Supplies RCQQURMENTS 1. Set up the necessary T-accounts and entes the beginning balances from the trial balance 2. Prepare a general entry for each of the transactions 3. Post the journal entries to the accounts 4. Prepare an unadjusted tral balance 5. Drepare and post the following adjusting journal entries 3. Accrued salaries at yearnend amount to $2,000 b. Equigment is being depreciated wiing straight-line. Salvage value is $2,000 and the bsefultive is 60 months. 4. A count of supplies at month end thealed 52,000 of supplies on hand d. One half of the unearned reverue had bestr eamed during the month The fondowing tramakons took place darry the manith of lainuar. i/s kimten imvented an addnonal ssogoce of cast in the berinen 1/to poid malsies of 530000 1/18 colestind a castumer anowe trenthable of 510000 1/20 Paid the utilify bel of 51,000 1/24 Pudrent of 53000 1/2 tartin withdene 52.40 1/at Pecthand stipno of Supoh 1. Secip tfe neceuwy T-acoounts and ertier the begoning balinne from the inlal talanor 2. Prepaie a ecosial entry for entier the tuamactian 1. Povt the ioumalentuses to the anconnts 1. Actued swleies it war-end amount so 57,000 Giehul live it 60 month: a. One haif of the une imed revenie had bees rameit dura the monti thiat ath of the yeu end atiounti nceipable ant not ber colleded 9. Pipgare agoif doury thal lalanet Ncetadit ieval Profect Wherse 2011 Wio luckateing giodoo 1) 10 poul the veicty bit of 51,000 ines inate withsrew 12+00 ifin purtaind 51300 of \$hayne The following transactions took place during the month of lanuary. 1/1 Karlin provided services to a dient for 5,0,000 and collected cash 1/5 Karlin invested an additional $10,000 of casth in the bisiness 1/10 Paid salaries of 510,000 1/15 Karfin provided services to a client for $30,000 on credit. 1/18 collected a customer accounts receivable of $10,000 1/20 Paid the veility bill of $1,000 1/22 Parchased a building paying $5,000 in cash and signing a notes payable for the $10,000 1/24 Paid rent of $5,000 1/28 Karlin withdrew $2,500 1/30 Purchased 51,500 of Supplies RCQQURMENTS 1. Set up the necessary T-accounts and entes the beginning balances from the trial balance 2. Prepare a general entry for each of the transactions 3. Post the journal entries to the accounts 4. Prepare an unadjusted tral balance 5. Drepare and post the following adjusting journal entries 3. Accrued salaries at yearnend amount to $2,000 b. Equigment is being depreciated wiing straight-line. Salvage value is $2,000 and the bsefultive is 60 months. 4. A count of supplies at month end thealed 52,000 of supplies on hand d. One half of the unearned reverue had bestr eamed during the month
