Selected transactions from the journal of June Feldman, investment broker, are presented below:

Instructions
(a) Post the transactions to T accounts.
(b) Prepare the trial balance at August 31, 2017.

Transcribed Image Text:

Date Account Titles and Explanation Aug. Cash Ref Debit Credit 5,000 J. Feldman, Capital 5,000 Owners investment of cash in business. 10 Cash 2,600 Service Revenue 2,600 Received cash for services performed. Cash Notes Payable 12 Equipment 5,000 2,300 2,700 Purchased equipment for cash and notes payable. 25 Accounts Receivable 1,700 Service Revenue 1,700 Billed clients for services performed. 31 Cash 900 Accounts Receivable 900 Received cash on account.