Selected transactions from the journal of Baylee Inc. during its first month of operations are presented here.
Question:
Instructions
(a) Post the transactions to T-accounts.
(b) Prepare a trial balance at August 31, 2017.
Transcribed Image Text:
Date Account Titles Debit Credit Aug. Cash 8,000 Common Stock 8,000 10 Cash 1,700 Service Revenue 1,700 12 Equipment 6,200 Cash Notes Payable 1,200 5,000 25 Accounts Receivable 3,400 Service Revenue 3,400 Accounts Receivable
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a Cash Aug1 8000 10 1700 31 600 Aug 12 1200 Bal 9100 Accounts Receivable Aug 25 3400 Aug 31 600 Ba...View the full answer
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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