Transactions Descriptions of the transactions for the month of March are provided in the following table Each of the transactions that follow has been posted to the T accounts Referring to the T accounts, select the date on which each transaction occurred, enter the amount of the transaction, and select the account to debit and credit Transaction Date Amount Debit Credit Purchased equipment, giving a note payable for the purchase price 3 2 $1700 Office Equipment Notes Payable Paid rent for April 3 3 $2300 Rent Expense Cash Purchased supplies on account 3 7 $1650 Supplies Accounts Payable Recorded fees earned on account 3 18 $9800 Accounts Receivable Fees Earned Received cash for fees earned 3 25 $7425 Cash Fees Earned Paid creditors on account 3 27 $1175 Accounts Payable Cash KL Company Inc issued additional shares of common stock in exchange for cash 3 28 $5500 Cash Common Stock Paid wages 3 29 $3625 Wages Expense Cash Received cash from customers on account 3 30 $7975 Cash Accounts Receivable KL Company Inc paid dividends to its stockholders 3 31 $1850 Dividends Cash Feedback If you are having trouble, try completing the items you are sure of first Then, match up the remaining transactions Trial Balance Unequal Totals The intern has prepared the following trial balance for the month of March KL Company Inc Unadjusted Trial Balance March 31, 20Y3 Account Title Debit Balances Credit Balances Cash 24,550 Accounts Receivable 3,775 Supplies 1,875 Office Equipment 17,000 Accounts Payable 1,725 Notes Payable 17,000 Common Stock 13,000 Retained Earnings 1,425 Dividends 1,850 Fees Earned 9,800 Rent Expense 3,200 Wages Expense 3,625 49,775 49,050 Trial Balance Correct The Trial Balance Unequal Totals was prepared by the intern The intern is puzzled by the unequal totals Prepare a corrected trial balance If an amount box does not require an entry, leave it blank KL Company Inc Unadjusted Trial Balance March 31, 20Y3 Account Title Debit Balances Credit Balances Cash Accounts Receivable Supplies Office Equipment Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Earned Rent Expense Wages Expense

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Transactions Descriptions of the transactions for the month of March are provided in the following table. Each of the transactions that follow has been posted

Transactions

Descriptions of the transactions for the month of March are provided in the following table. Each of the transactions that follow has been posted to the T accounts. Referring to the T accounts, select the date on which each transaction occurred, enter the amount of the transaction, and select the account to debit and credit.

Transaction	Date	Amount	Debit	Credit
Purchased equipment, giving a note payable for the purchase price.	3/2	$1700	Office Equipment	Notes Payable
Paid rent for April.	3/3	$2300	Rent Expense	Cash
Purchased supplies on account.	3/7	$1650	Supplies	Accounts Payable
Recorded fees earned on account.	3/18	$9800	Accounts Receivable	Fees Earned
Received cash for fees earned.	3/25	$7425	Cash	Fees Earned
Paid creditors on account.	3/27	$1175	Accounts Payable	Cash
KL Company Inc. issued additional shares of common stock in exchange for cash.	3/28	$5500	Cash	Common Stock
Paid wages.	3/29	$3625	Wages Expense	Cash
Received cash from customers on account.	3/30	$7975	Cash	Accounts Receivable
KL Company Inc. paid dividends to its stockholders.	3/31	$1850	Dividends	Cash

Feedback

If you are having trouble, try completing the items you are sure of first. Then, match up the remaining transactions.

Trial Balance: Unequal Totals

The intern has prepared the following trial balance for the month of March.

KL Company Inc. Unadjusted Trial Balance March 31, 20Y3
Account Title	Debit Balances	Credit Balances
Cash	24,550
Accounts Receivable		3,775
Supplies	1,875
Office Equipment	17,000
Accounts Payable	1,725
Notes Payable		17,000
Common Stock		13,000
Retained Earnings	1,425
Dividends		1,850
Fees Earned		9,800
Rent Expense	3,200
Wages Expense		3,625
	49,775	49,050

Trial Balance: Correct

The Trial Balance: Unequal Totals was prepared by the intern. The intern is puzzled by the unequal totals. Prepare a corrected trial balance. If an amount box does not require an entry, leave it blank.

KL Company Inc. Unadjusted Trial Balance March 31, 20Y3
Account Title	Debit Balances	Credit Balances
Cash
Accounts Receivable
Supplies
Office Equipment
Accounts Payable
Notes Payable
Common Stock
Retained Earnings
Dividends
Fees Earned
Rent Expense
Wages Expense