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tt 3 Using the chart of Accounts prepared in a#2, Journalize the following Transactions in proper form on the journal paper provided. Be sure to
tt 3 Using the chart of Accounts prepared in a#2, Journalize the following Transactions in proper form on the journal paper provided. Be sure to put your name on all pages IN THE MARGIN oF THE J EACH TRANSACTION BY ITs LETTER. THIS ALLows You To PERHAPS NOT HAVE THE IN DATE ORDER & PoINTs wILL NOT BE DEDUCTED A. November 1, received cash from owners/stockholders as investment, $35,000 B. November 1, purchased renters insurance for store, paid $1,200 for a year's coverage C. November 1, receive $360 for three month's rent for use of land beginning on November 1 D. November 2, purchased office equipment on account $3,600-Expected life 3 years (36 months) E. November 3, received check for fees of $7,500 from customers for services rendered F. November 7, bought supplies on account for $1,350 G. November 10, billed customers for services completed, $11,250 H. November 24, paid creditors on account, $1,800 November 28, received cash from customers on account, $6,000 #4 Post the transactions journalized in Question 2 to the Ledger you create on the Ledger paper provided. Put Headings and Account numbers on the Accounts, based upon the Chart of Accounts in #5 Prepare an end of month Trial Balance #6 Prepare adjusting Journal Entries based on the following information: J. November 30, determined that the cost of supplies on hand on was $550 K. November 30, record rental income from November 1 Transaction C L. November 30, record depreciation expense for the month M. November 30, paid dividends to shareholders/ owners, $1,000 N. November 30, Wednesday, record 3 days wages (5 days) salary expense is $1,500 Weekly November 30, record insurance expense for the month from November 1 Transaction B o
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