Question: a) create T accounts and post the opening Balances. b) prepare trial balance. c) prepare balance sheet On September 1, Carla Vista Company has the

On September 1, Carla Vista Company has the following accounts and account balances: Cash $15,700, Accounts Receivable $1,800, Supplies $1,710, Accounts Payable $900, Uneamed Revenue $1,440, Owner's Capital $14,440, Service Revenue $7,690, and Salaries Expense $1,260 During the month of September, the bookkeeper for Carla Vista Company created the following journal entries 1. Cash 1,000 Service Revenge 1,080 (To record cash received from services performed.) 2 Salaries Expense 630 Cash 630 (Pald salaries to date.) 3. Accounts Payable 180 Cash 180 (Paid creditors on account.) Cash 900 Accounts Receivable 900 (Received cash in payment of account) Ureamed Revenue 1.680 Service Revenue 1,080 (Provided services.) 6 Supplies 900 Accounts Payable 900 (To record supplies purchased on account.) 4 (a) Create T accounts and post the opening balances
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
