White Glove Cleaning Inc., had the following transactions for the month of September 2016.

Sep 2 Paid Rent Expense, $500.

4 Performed service for a customer and received cash, $1,800.

8 Purchased supplies on account, $900.

11 Received cash from credit customers on account, $1,200.

15 Sold an additional $10.000 of Common Stock.

19 Paid $450 on account.

27 Performed service for customers on account, $2,800.

28 Made a payment on the Notes Payable, $5,000.

The following T-accounts have been set up for White Glove Cleaning, Inc., with their beginning balances as of September 1, 2016.

Requirements
1. Journalize the transactions for the month of September. Explanations are not required.
2. Post the journal entries to the appropriate T-accounts. Identify all items by date.
3. Calculate the balance of each account at September 30, 2016.
4. Prove that the total of all the debit balances equals the total of all of the credit balances by preparing a trial balance at September 30, 2016?

Transcribed Image Text:

Accounts Payable Sep 1 Cash 111 211 Sep 1 1,450 2,100 Notes Payable Accounts 212 Receivable 112 Sep 1 10,000 Sep 1 3.900 Common Stook 311 Supplies 113 Sep 1 30,000 _Sep 1 250 Service Revenue 411 Office Furnițure 114 Sep 1 4,900 2.300 Sep 1 Rent Expense 1.100 511 116 Building Sep 1 Sep 1 38,000