Selected transactions from the journal of Eberle 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 31,2014.

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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Apr 07, 2014 10:34 AM

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Selected transactions from the journal of Eberle Inc. during its first month of operations are presented here.

Question:

Date Account Titles DebitCredit Aug. 1 Cash 8,000 Common Stock 8,000 10 Cash 1,700 Service Revenue 1,700 Equipment 6,200 Cash Notes Payable 1,200 5,000 25 Accounts Reccivable 3,400 Service Revenue 3,400 31 Cash 600 Accounts Receivable 600

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a Cash Aug 1 8000 10 1700 31 600 Aug 12 1200 Bal 9100 Accounts Receivable Aug 25 3400 Aug 31 600 B...View the full answer

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