Requirements 1. Open the following four-column accounts of Teresa Parker, CPA: Cash, 110; Accounts Receivable, 120; Office

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Requirements
1. Open the following four-column accounts of Teresa Parker, CPA: Cash, 110;
Accounts Receivable, 120; Office Supplies, 130; Office Furniture, 140; Accounts
Payable, 210; Utilities Payable, 220; Common Stock, 310; Dividends, 320;
Service
Revenue, 410; Salaries Expense, 510; Rent Expense, 520; and Utilities
Expense, 530.
2. Journalize the transactions and then post the journal entries to the four-column
accounts. Explanations are not required for the journal entries. Keep a running
balance in each account. Assume the journal entries are recorded on page 10 of the
journal.
3. Prepare the trial balance as of June 30, 2024.

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Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9781292412320

7th Global Edition

Authors: Tracie Miller-Nobles, Brenda Mattison, Ella Mae Matsumura

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