1. Martha Rodriguez invested 80,000 cash to open her Law Firm. 2. Bought office furniture on account...
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Question:
1. Martha Rodriguez invested 80,000 cash to open her Law Firm.
2. Bought office furniture on account $ 2,000.
3. Charged legal fees to a client $ 5,000, the client paid $ 3,000 cash and the due balance in
a month.
4. Paid the rent $ 2,000.
5. Bought a computer in cash $ 500.
6. Paid Advertisement to the Discovery Channel $ 2,000 cash.
7. Got a loan from Chase $ 25,000.
8. Paid cleaning services $ 100 cash.
9. Performed Legal services to a customer $ 4,000, the customer paid $ 500 cash and the
due balance in 30 days.
10. Received cash from credit customers $ 800.
11. Paid salaries to employees $ 5,000.
12. Paid utilities 400 cash.
Required:
T-Accounts
Trial Balance
Income statement
Balance Sheet
Related Book For
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