Selected transactions from the journal of Wong Consultants are presented below (amounts in ¥

thousands).

Instructions

a. Post the transactions to T-accounts.

b. Prepare a trial balance at August 31, 2025.

Transcribed Image Text:

Date Account Titles and Explanation Ref. Debit Credit Aug. 1 Cash 5,000 Share Capital-Ordinary 5,000 (Issued shares for cash) 10 Cash Service Revenue 2,600 2,600 (Received cash for services performed) 12 Equipment Cash Notes Payable 5,000 2,300 2,700 (Purchased equipment for cash and notes payable) 25 Accounts Receivable Service Revenue (Billed clients for services performed) 31 Cash Accounts Receivable (Receipt of cash on account) 1,700 1,700 900 900