Question: Refer to Exercise 2-18. In Exercise 2-18 Double Tree Cellular, Inc., completed the following transactions during April 20X6, its first month of operations: Required 1.

Refer to Exercise 2-18.
In Exercise 2-18
Double Tree Cellular, Inc., completed the following transactions during April 20X6, its first month of operations:
Refer to Exercise 2-18.
In Exercise 2-18
Double Tree Cellular, Inc., completed

Required
1. After journalizing the transactions of Exercise 2-18, post the entries to the ledger, using T-accounts. Key transactions by date. Date the ending balance of each account April 30.
2. Prepare the trial balance of Double Tree Cellular, Inc., at April 30, 20X6.
3. How much are total assets, total liabilities, and total stockholders' equity on April 30? Use the accounting equation.

Received $25,000 and issued common stock. 2 Purchased $800 of office supplies on account. 4 Paid $20,000 cash for land to use as a building site. 6 Performed service for customers and received cash of $2,000 9 Paid $100 on accounts payable. Apr. 1 Performed service for FedEx on account totaling $1,200. Collected $900 from FedEx on account. Paid the following expenses: salary, $1,000; rent, $500. 17 23 30

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