The trial balance for TDR Systems, Inc. at July 15, 2013, follows:

During the remainder of July, TDR Systems, Inc. completed the following transactions:
Jul 16 Collected $2,500 cash from a client on account.
18 Performed services on account, $1,900.
21 Received $1,700 cash for services performed.
23 Purchased supplies on account, $600.
25 Paid $1,400 in dividends.
27 Paid $3,200 on account.
29 Received $2,900 cash for services performed.
30 Paid rent, $1,200.
30 Paid employees€™ salaries, $2,500.
Requirements
1. Journalize the transactions that occurred July 16 to July 30.
2. Open the ledger accounts listed in the trial balance together with their beginning balances at July 15. Use the four-column account format illustrated in the 3. Trial balance totals = $35,100 chapter. Enter €œBal€ for the previous balance in the Item column. Post the transactions to the ledger using dates, account numbers, and posting references. Calculate the new account balances.
3. Prepare the trial balance for TDR Systems, Inc. at the end of July.

Transcribed Image Text:

TDR Systems, Inc Trial Balance July 15, 2013 ACCT # | ACCOUNT DEBIT CREDIT $ 3,500 7,700 700 13,200 110 Cash 112 Accounts Receivable 115 Supplies 140 Equipment 210 Accounts Payable 311 Common Shares 315 Dividends 411 Service Revenues 511 Salary Expense 515 Rent Expense 4,500 20,000 2,600 6,700 2,200 1,300 $31,200 Total $31,200