Tof Fundamental Accouting Assignment 2 Quezon oumaise the following business transactions in general uma formerly accion 1. The owner, Mai Lines540,000 in cash in starting a real estate office operating as 2. Purchased 5500 of supplies on crede Purchased up for $9.000.paying $1.000 cashed signed a 30-day 55.000 note pale 4. Real estate commissions bied to in amount to 54.000 5 Paid 5800 in cash for the current month's rent & Paid 5200 cash on account for supplies purchased in transaction 2 7. Received a bit for 5000 for advertising for the current month 10 Received a check for $2.500 from a detinent on account for comisionited in transaction 4 Question 2 The transactions of Molina Information Service recorded in the general joumal below. You are to post the jumal entries to the accounts in the general ledger Ahernies have been posted you are to prepare a trial balance General 1 Date Account Tides and Explanation 2016 Sept. 1 27.000 Cash Owner's Capital med cash business) En Cash Notes Payable Pad cash and undante 4.000 9.000 25.000 1000 Rent Expense ch 1.000 2 of 3 Question 2 The transactions of Molina Information Service we recorded in the general joumai below. You are to post the joumal entries to the counts in the general ledger Ahora entries have been posted you are to pre tribune Generala 1 Dute Accountles and Explanation De Credit 2016 27.000 27.000 4 34000 9.000 25.000 8 1.000 1000 Cash Owner's Capital invested cash in business Equipment Cau Notes Payable Paid cash and sued 2 year, 9 note for equipment Rent Expense Cash Paid September rent Prepaid nie Cash Paid one-year by nunc Cash Service Provence Received cash for delivery Service) Salaries and Wages Expense Can Paid salaries for current period 15 900 900 18 2000 2.800 500 500 25 100 100 30 1,500 Accounts Payable Received a bit for September inte Owner's Drawings Cash (Wendrew cash for personale Accounts Receivable Service terenu (Bled Customer for delivery service) 30 4.500 4500 Solution 2