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% P2-31A (similar to) Tony Monson opened a law office on January 1, 2018. During the first month of operations, the business completed the following

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% P2-31A (similar to) Tony Monson opened a law office on January 1, 2018. During the first month of operations, the business completed the following transactions: Click the icon to view the transactions.) Read the requirements Requirement 3. Prepare the trial balance of Tony Monson, Attorney, at January 31, 2018 Review the ledger accounts for the month of January Tony Monson, Attorney Trial Balance January 31, 2018 Balance Account Title Debit Credit Cash Common Stock 79,000 Office Supplies 1.300 Furniture 1.500 Accounts Payable 2800 Total Choose trom any est or enter any number in the input fields and then click Check Answer All parts showing O Type here to search More Info Jan. 1 Monson contributed $79,000 cash to the business, Tony Monson, Attorney The business issued common stock to Monson Purchased office supplies, $1,300, and furniture, $1,500, on account Performed legal services for a client and received $1,600 cash. Purchased a building with a market value of $110,000, and land with a market value of $23,000. The business paid $60,000 cash and signed a note payable to the bank for the remaining amount Prepared legal documents for a client on account, $1,000. Paid assistant's semimonthly salary, $1,190. Paid for the office supplies purchased on January 3 on account. Received $2,200 cash for helping a client sell real estate. Defended a client in court and billed the client for $1,400. Received a bill for utilities, $300. The bill will be paid next month. Received cash on account, $1,900 Paid $1,800 cash for a 12-month insurance policy starting on February 1 Paid assistant's semimonthly salary, $1,190, Paid monthly rent expense, $2,100. Paid cash dividends of $3,100, 31 Print Done

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