Question: change 95000 into 25000 then solve thanks Also using the information in the ledger accounts presented above, prepare a trial balance for Avenson Insurance Company

change 95000 into 25000 then solve thanks

change 95000 into 25000 then solve thanks Also using the information in

Also using the information in the ledger accounts presented above, prepare a trial balance for Avenson Insurance Company dated November 30.

Transactions are first journalized and then posted to ledger accounts. In this exercise, however, your understanding of the relationship between the journal and the ledger is tested by asking you to study some ledger accounts and determine the journal entries that probably were made to produce these ledger entries. The following accounts show the first six transactions of Avenson Insurance Company. Prepare a journal entry (including a written explanation) for each transaction. Cash Vehicles Nov. 1 120,000 Nov. 30 9,400 Nov. 8 33,600 Nov. 25 12,000 Nov. 30 1,400 Land 70,000 Nov. 8 Notes Payable Nov. 25 12,000 Nov. 8 Nov. 30 95,000 8,000 Building Accounts Payable Nov. 8 58,600 Nov. 21 480 Nov. 15 3,200 Office Equipment Capital Stock Nov. 15 3,200 Nov. 21 480 Nov. 1 120,000 'Activate Windows

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