Refer to Exercise 2-29B.

Requirements
1. Post the entries to the ledger, using T-accounts. Key transactions by date. Date the ending balance of each account September 30.
2. Prepare the trial balance of Double Tree Cellular, Inc., at September 30, 2012.
3. How much are total assets, total liabilities, and total shareholders€™ equity on September30?

Transcribed Image Text:

Received $19,900 and issued common stock. 2 Purchased $400 of office supplies on account Sep 1 4 Paid $14,000 cash for land to use as a building site. 6 Performed services for customers and received cash of $2,900. 9 Paid $300 on accounts payable. 17 23 30 Performed services for U Purchase on account totaling $1,200. Collected $100 from U Purchase on account. Paid the following expenses: salary, $1,200; rent, $800,