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USTBASIES ACC 331 Louis Ruiz Consulting Services evene Transactions for the month of November, 20xx DATE: Nov. 1 Nov. 1: Nov. 5: EVENT Louis Ruiz
USTBASIES ACC 331 Louis Ruiz Consulting Services evene Transactions for the month of November, 20xx DATE: Nov. 1 Nov. 1: Nov. 5: EVENT Louis Ruiz invests $20,000 to start his own consulting agency Purchased a one-year fire insurance policy, $960. Acq uired computer equipment for $10,000, paying $3,500 down with the balance due in 60 days urchased office supplies on account from Taylor Supply, $1,500 Nov. 6: Nov. 9: Nov. 10:Billed Barkley Insurance for consulting services performed, $6,000 Nov. 12: Collected $1,500 from Barkley Insurance Paid Taylor Supply, $400 on account Nov. 12: Nov. 15: Nov. 26:Paid the secretary two week's wages, $1,200 Hired secretary to be paid $600 per week. Collected S1,000 from Bryant Realty for consulting services to be performed. Received and paid the November utility bill, $700 Nov. 29: Nov. 30: Performed consulting services for Bing Enterprises, $4.800, to be collected in Nov. 30: Louis Ruiz withdrew $1,400 from the business for personal living expenses. I. Journalize and post the November transactions for Louis Ruiz Consulting. Nov. 30: Received (but did not pay) the November telephone bill, $100 December. 2. Prepare a Trial Balance as of November 30, 20XX orrice suppliest I,soo Cune's eurty20,000
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