Question
The transactions of Dexter Company: a. Macy Dexter, owner, invested $16,250 cash in the company. b. The company purchased office supplies for $471 cash. c.
The transactions of Dexter Company: |
a. | Macy Dexter, owner, invested $16,250 cash in the company. |
b. | The company purchased office supplies for $471 cash. |
c. | The company purchased $8,986 of office equipment on credit. |
d. | The company received $1,918 cash as fees for services provided to a customer. |
e. | The company paid $8,986 cash to settle the payable for the office equipment purchased in transaction c. |
f. | The company billed a customer $3,445 as fees for services provided. |
g. | The company paid $515 cash for the monthly rent. |
h. | The company collected $1,447 cash as partial payment for the account receivable created in transaction f. |
i. | Macy Dexter withdrew $900 cash from the company for personal use. |
Prepare the Trial Balance. Use May 31, 2011, as its report date. (The items in the Trial Balance should be grouped as follows: Assets, Liabilities, Equity, Revenues, and Expenses. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)
DEXTER COMPANY $
$
Totals $
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