Refer to Exercise 2-18A. Requirements 1. After journalizing the transactions of Exercise 2-18A , post the entries
Question:
Requirements
1. After journalizing the transactions of Exercise 2-18A , post the entries to the ledger, using T-accounts. Key transactions by date. Date the ending balance of each account April 30.
2. Prepare the trial balance of Doherty Tree Cellular, Inc., at April 30, 2012.
3. How much are total assets, total liabilities, and total stockholders equity on April30?
Transcribed Image Text:
Apr 1 Received $19,800 and issued common stock. Purchased $200 of office supplies on account. 4 Paid $14,300 cash for land to use as a building site. 6 Performed service for customers and received cash of $2,600. 9 Paid S100 on accounts payable. Performed service for UFax on account totaling $1,900 Collected $100 from UFax on account. Paid the following expenses: salary, $1,900; rent, $1,300. 17 23 30
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Req 1 Cash Accounts Receivable Apr 1 19800 Apr 4 14300 Apr 17 1900 Apr 23 10...View the full answer
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Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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