Prepare T accounts and a journal entry on April 2 for cash received for services rendered, $3,600. The opening balance for cash is $4,000, and the opening balance for services rendered is $12,000.
Answer to relevant QuestionsPrepare T accounts and a journal entry on January 19 for the withdrawal of $6,000 by James Green for personal use. There have been no previous withdrawals during the year, and the cash account balance is $25,000. On August 7, 2015, Mainsail Co. purchased $2,190 of supplies on account. In Mainsail Co.’s chart of accounts, the supplies account is No. 1050, and the accounts payable account is No. 2010. a. Journalize the August 7, ...Based upon the data presented in Exercise 2-4, prepare an unadjusted trial balance, listing the accounts in their proper order. In exercise Southwest Tours Co. is a travel agency. The eight transactions recorded by Southwest ...On September 1, 2015, Colton Davies established an organizing business, Get Rid of It. During the month, Colton completed the following transactions: Sep. 1. Colton deposited money into the business bank account, from his ...On August 1, 2015, Cheryl Newsome established Titus Realty, which completed the following transactions during the month: a. Cheryl Newsome transferred cash from a personal bank account to an account to be used for the ...
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