Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This is the trial balance of Wildhorse Co. on September 30. WILDHORSE CO. Trial Balance September 30, 2022 Debit Credit Cash $ 23,430 Accounts Receivable

image text in transcribed

image text in transcribed

This is the trial balance of Wildhorse Co. on September 30. WILDHORSE CO. Trial Balance September 30, 2022 Debit Credit Cash $ 23,430 Accounts Receivable 6,830 Supplies 4,520 Equipment 10,420 Accounts Payable $ 9,030 Unearned Service Revenue 3.520 Common Stock 19,230 Retained Earnings 13,420 $45,200 $45,200 The October transactions were as follows. Oct. 5 Received $1,400 in cash from customers for accounts receivable due. 10 Billed customers for services performed $6,000. 15 Paid employee salaries $1,000. 17 Performed $640 of services in exchange for cash. 20 Paid $1,930 to creditors for accounts payable due. 29 Paid a $330 cash dividend. 31 Paid utilities $350. for the amounts. Credit account titles are automatically indented when amount is Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sound Investing Uncover Fraud And Protect Your Portfolio

Authors: Kate Mooney

1st Edition

0071481826, 9780071481823

More Books

Students also viewed these Accounting questions

Question

3. Why do individuals invest in stocks and bonds?

Answered: 1 week ago

Question

We are interviewing quite a few people, why should we hire you?

Answered: 1 week ago

Question

Understand some techniques for evaluating the HRM function

Answered: 1 week ago