Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) The following information applies to the questions displayed below.) Boilermaker House Painting Company incurs the following transactions for September 1. September 3 Paint houses in the current month for $17,500 on account. 2. September 8 Purchase painting equipment for $18,500 cash. 3. September 12 Purchase office supplies on account for $3,000. 4. September 15 Pay employee salaries of $3,700 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,100 cash. 6. September 22 Pay office rent of $4,900 for the current month. 7. September 26 Receive $12,500 from customers in (1) above. 8. September 30 Receive cash of $5,500 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 3 3. Prepare a trial balance. BOILERMAKER HOUSE PAINTING COMPANY Trial Balance Accounts Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Deferred Revenue Common Stock Ratinn Faminas J. JELCHEI FUI LOCURILE SULGEOLLUuri , vuu. 4. September 15 Pay employee salaries of $3,700 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,100 cash. 6. September 22 Pay office rent of $4,900 for the current month. 7. September 26 Receive $12,500 from customers in (1) above. 8. September 30 Receive cash of $5,500 in advance from a customer who plans to have his hous following month. Exercise 2-20A Part 3 3. Prepare a trial balance. BOILERMAKER HOUSE PAINTING COMPANY Trial Balance Accounts Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Advertising Expense Rent Expense Totals Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (L02-4,2-5, 2-6) The following information applies to the questions displayed below.) Boilermaker House Painting Company incurs the following transactions for September 1. September 3 Paint houses in the current month for $17.500 on account. 2. September 8 Purchase painting equipment for $18.500 cash. 3. September 12 Purchase office supplies on account for $3,000. 4. September 15 Pay employee salaries of $3,700 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,100 cash. 6. September 22 Pay office rent of $4,900 for the current month. 7. September 26 Receive $12.500 from customers in (1) above. 8. September 30 Receive cash of $5,500 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 2 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $43,600; Accounts Receivable, $1,450, Supplies, $450, Equipment. $6.900: Accounts Payable, $1,000, Common Stock, $22,500: Retained Earnings. $28,900. All other accounts had a beginning balance of zero. Cash Accounts Receivable Beg bal Beg bal Equipment Exercise 2-20A Part 2 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $43,600; Accounts Receivable. $1450; Supplies, 5450; Equipment. $6.900 Accounts Payable, $1,000. Common Stock, $22,500, Retained Earnings, $28.900. All other accounts had a beginning balance of zero Accounts Receivable Beg bal. Beg be Accounts Payable Deferred Ravenue Endbal Common stock Prey 7 Next) End, bal End, bal Common Stock Retained Earnings Beg bal Beg. bal. End bal End bal Service Revenue Salaries Expense Beg. bal. Beg bal. End, bal Advertising Expense Rent Expense Beg bal Beg bol End bal Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) The following information applies to the questions displayed below.) Boilermaker House Painting Company incurs the following transactions for September 1. September 3 Paint houses in the current month for $17,500 on account. 2. September 8 Purchase painting equipment for $18,500 cash. 3. September 12 Purchase office supplies on account for $3,000. 4. September 15 Pay employee salaries of $3,700 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,100 cash. 6. September 22 Pay office rent of $4,900 for the current month. 7. September 26 Receive $12,500 from customers in (1) above. 8. September 30 Receive cash of $5,500 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 3 3. Prepare a trial balance. BOILERMAKER HOUSE PAINTING COMPANY Trial Balance Accounts Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Deferred Revenue Common Stock Retained Faminas J. JELCHUGI FULIOLIILEDUG U ! OLLUuri , vuu. 4. September 15 Pay employee salaries of $3,700 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,100 cash. 6. September 22 Pay office rent of $4,900 for the current month. 7. September 26 Receive $12,500 from customers in (1) above. 8. September 30 Receive cash of $5,500 in advance from a customer who plans to have his hous following month. Exercise 2-20A Part 3 3. Prepare a trial balance. BOILERMAKER HOUSE PAINTING COMPANY Trial Balance Accounts Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Advertising Expense Rent Expense Totals