The transactions for Crazy Curlz, Inc. for the month of June 2013 have been posted to the
Question:
The transactions for Crazy Curlz, Inc. for the month of June 2013 have been posted to the accounts as follows:
Requirements
1. Prepare the journal entries that served as the sources for the six transactions.
2. Calculate the balance in each account.
3. Prepare the trial balance for Crazy Curlz, Inc. at June 30, 2013.
4. Prepare a statement of financial position for Crazy Curlz, Inc. as of June 30, 2013.
Transcribed Image Text:
Cash Equipment Building (1) 16,000 (4) 8,000 (2) 800 (5) 5,000 (6 300 (4) 8,000 (3) 60,000 Common Shares Accounts Payable (6) 300 (2) 800(5) 5,000 (3) 60,000 Notes Payable (1) 16,000
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Req 1 Journal DATE ACCOUNTS POST REF DR CR June 1 Cash 16000 CommonShares 16000 Sold Share 2 Supplie...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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