Question: 1. Journalize entries for transactions (a) through (1), using the following account titles: Cash, Supplies, Accounts Payable, Corsmon Stock, Dividends, Sales Commissions, Rent Expense, Office
1. Journalize entries for transactions (a) through (1), using the following account titles: Cash, Supplies, Accounts Payable, Corsmon Stock, Dividends, Sales Commissions, Rent Expense, Office Salarles Expense, Autoinobile Expense, Supplies Expense, Miscellaneous Expense. Journal entry explanations may be ogittted. 2. Prepare T arcounts using the account titles in (1). Post the journal entries to these accounts, placing the appropriate letter to the left of each amount to lidentify the transactions. Determine the account balancgs, after all posting is complete. Accounts contalning only a single entrydo not neechi balance. 3. Preparean unadjustled rilal balance as of August 31, 20Y7. 4. Determine the following: A. Antotint if totar fitwentu recorded in the kedges. b. Amount of total expenses recorded in the ledger c. Amount of net incoine for August. 5. Determine the increase or decrease in retained earnings for Augiust
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