From the following transactions for Leslie Company for the month of July,

(a) Prepare journal entries (assume that it is page 1 of the journal),

(b) post journal entries to the ledger (use a four-column account),

(c) Prepare a trial balance.

A partial chart of accounts includes Cash, 111; Accounts Receivable, 112; Equipment, 121; Accounts Payable, 211; J. Leslie, Capital, 311; J. Leslie, Withdrawals, 312; Fees Earned, 411; and Salaries Expense, 511.

Transcribed Image Text:

201X Νow 1 Jasmine Leslie invested $22,0000 in the business. 6 Bought equipment from Brasa Co. for $18,000 on account. 15 Billed Cuz Co. for services rendered, $7,000. 18 Received $5,000 cash for services rendered. 24 Paid salary expense, $1,200. 28 Jasmine withdrew $700 for personal use.