Question: Selected transactions from the journal of Eberle Inc. during its first month of operations are presented here. Instructions (a) Post the transactions to T-accounts. (b)

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

Selected transactions from the journal of Eberle Inc. during its

Instructions
(a) Post the transactions to T-accounts.
(b) Prepare a trial balance at August 31,2014.

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

Step by Step Solution

3.46 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

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

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

291-B-A-I-S (3395).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!