The following transactions occurred in November 202X for J. Kingsly’s Technical Staffing Agency:

The chart of accounts for J. Kingsly Technical Staffing Agency is as follows:

Your task is to do the following:
a. Set up a ledger based on the chart of accounts using four-column accounts.
b. Journalize (page 1) and post the November journal entries.
c. Prepare a trial balance at November 30, 202X.

Transcribed Image Text:

202X Nov. 1 1 3 5 7 9 15 28 29 J. Kingsly invested $15,000 cash in the placement agency. Bought equipment from Tiger Co. for $2,100 on account. Earned placement fees of $3,300, but payment will not be received until December. J. Kingsly withdrew $1,000 for personal use. Paid wages expense, $400. Placed a client on a national podcast, receiving $14,000 cash. Bought supplies from Holly Co. for $300 on account. Paid cell phone bill for November, $200. Digital advertising bill from Sheet Co. received but not paid, $900.