The trial balance of Harper Service Center as of March 31, 2018, follows Click the icon to view the March trial balance) During April, the business engaged in the following transactions (Click the icon to view the transactions) Read the requirements Requirement 1. Journalize each transaction including explanations (Record debits first, then credits Select the explanations on the last line of the journal entry table.) Apr. 2. Borrowed 545,000 from the bank and signed a note payable in the name of the business Date Accounts and Explanation Debit Credit Apr 2 Apr 4 Paid cash of $40,000 to acquire land Date Accounts and Explanation Debit Credit Apr. 4 Apr. 9. Performed services for a customer and received cash of $5,000 Date Accounts and Explanation Debit Credit Apr. 9 Apr. 13. Purchased office supplies on account, $300 Date Accounts and Explanation Debit Credit Apr. 13 Apr 15. Performed services for a customer on account, $2,600 Date Accounts and Explanation Debit Credit Apr. 15 Apr 18: Paid $1,200 on account Date Accounts and Explanation Debit Credit Apr. 18 Apr. 21 Paid the following cash expenses salaries, $3,000; rent, $1,500; and interest, $400. (Prepare a single compour joumal entry) Date Accounts and Explanation Debit Credit Apr. 21 Apr 25. Received $3,100 from a customer on account Date Accounts and Explanation Debit Credit Apr 25 Apr 27 Received a $200 utility bill that will be paid next month Date Accounts and Explanation Debit Credit Apr 27 to Apr 29 Received $1,500 for services to be performed next month Date Accounts and Explanation Debit Credit Apr 29 Apr 30: Harper withdrew cash of $1,800 Date Accounts and Explanation Debit Credit Apr 30 Requirement 2. The accounts listed in the trial balance, together with their balances as of March 31, 2018, have been opened for you in T-account form. Post the journal entries to the ledger (use T-account format) Post all of the April transactions to the T-accounts below using the transaction dates as posting references Once you have posted all of the transactions, calculate each accounts balance and enter the balance along with a "Bal" reference on the appropriate side of each T-account Review the journal entries you prepared in Requirement 1 Cash Bal 23,900 Accounts Payable 2,000 Bal Service Revenue 10,000 Bal Utilities Payable O Bal Salaries Expense Bal 800 Accounts Receivable Bal 4,500 Unearned Revenue Utilities Payable 0 Bal Salaries Expense Bal 800 Accounts Receivable 4,500 Bal Unearned Revenue O Bal Rent Expense Bal 1.000 Office Supplies Bai 0 Notes Payable O Bal Interest Expense Bal 0 Land Bal O Harper, Capital 18,500 Bal Utilities Expense GRO IN YAMIMINIMICA CUCHILE vick the icon to view the transactions Read the requirements . Ball Harper, Capital 18,500 Bal Utilities Expense Bal 300 Harper, Withdrawals Bal 0 Requirement 3. Prepare the trial balance of Harper Service Center as of April 30, 2018 Review the ledger accounts you prepared in Requirement 2 Harper Service Center Trial Balance April 30, 2018 Balance Annant Title nakit Crerti ULT! 2018, follows (Click the icon to view the March trial balance.) Uuring April, the business engaged in the following transactions 0 (Click the icon to view the transactions.) Read the requirements Account Title Debit Credit Total
