Bobbie Singh provides writing services for small businesses. He blogs for companies that need professionally written content.
Question:
Bobbie Singh provides writing services for small businesses. He blogs for companies that need professionally written content. His business records at November 15, 2023, are shown below:
During the remainder of November, the business completed the following transactions:
Required
1. Record the transactions that occurred during November 16 through 30 on page 6 of the journal. Include an explanation for each entry.
2. Post the transactions to three-column accounts in the ledger, using dates, account numbers, journal references, and posting references. Open the ledger accounts listed in the trial balance together with their balances at November 15. Enter Bal. (for previous balance) in the Item column and place a check mark (✓) in the Journal Reference column for the November 15 balance of each account.
Step by Step Answer:
Horngrens Accounting Volume 1
ISBN: 9780136889373
12th Canadian Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura