Question: I need help with number 2 and 3 1: prepare the journal entries for the july transactions 12:prepare the journal entries to the T accounts
1: prepare the journal entries for the july transactions 12:prepare the journal entries to the T accounts provided 3:prepare the Unadjusted trial balance on 1. Lula Plume created a new self-storage business, Safe Storage Co. The following transactions occurred during the company's first month. July P lumeested cash and buildings worth $150.000 in the company 2 The equip p ing for the first month's duty 5 The case of office is for cash 10 The company paid $7.300ch for the premium ca 12-month in policy. Coverage begins on July 11 14 The pan employee Slash for two weary card 34 The company cold ch e fes free customers 28 The ceny pod S000 cash www stary corned by an employee 29 The ceny pod ch a irs to a leading pool The company paid 500 cash for this month's telephone bill 31 Plume withdrew 52.000 cash from the company for personal use The company's chart of accounts follows: 124 Once 301 La 102 LP 01 Storage Fees Earned 690 O pen 173 114 An d Depreciation Busings 622 Sales Expense 01 income Summary T- Accounts
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
