Landlubber Incorporated had the following balances at the beginning of September. LANDLUBBER INCORPORATED Trial Balance September 1
Fantastic news! We've Found the answer you've been seeking!
Question:
Landlubber Incorporated had the following balances at the beginning of September.
LANDLUBBER INCORPORATED
Trial Balance
September
Accounts Debits Credits
Cash $
Accounts Receivable
Supplies
Land
Accounts Payable
Notes Payable
Common Stock
Retained Earnings
Totals $ $
The following transactions occur in September.
September Provide services to customers for cash, $
September Purchase land with a longterm note for $ from Crimson Company.
September Receive an invoice for $ from the local newspaper for an advertisement that appeared on September
September Provide services to customers on account for $
September Purchase supplies on account for $
September Pay $ to Crimson Company for a longterm note.
September Receive $ from customers on account.
September Pay $ for September's rent.
September Pay September's utility bill of $
September Pay employees $ for salaries for the month of September.
September Pay a cash dividend of $ to shareholders.
Required:
Record each transaction.
& Post each transaction to the appropriate Taccounts and calculate the balance of each account at September Hint: Be sure to include the balance at the beginning of September in each Taccount.
Prepare a trial balance as of September
Related Book For
Numerical Methods With Chemical Engineering Applications
ISBN: 9781107135116
1st Edition
Authors: Kevin D. Dorfman, Prodromos Daoutidis
Posted Date: