Instructions

a. Journalize the transactions.

b. Post the transactions to T accounts.

c. Prepare a trial balance at October 31, 2024.

Waterway Security Company provides security services. Selected transactions for Waterway are as follows. Oct. 1 Invested $60,000 cash in the business. 2 4 Hired part-time security consultant. Salary will be $2,200 per month. First day of work will be October 15. Paid one month of rent for building for $2,200. Purchased equipment for $20,000, paying $3,300 cash and the balance on account. Paid $500 for advertising. 7 8 10 Received bill for equipment repair cost of $300. 12 Provided security services for event for $3,900 on account. 16 Purchased supplies for $420 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $128. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $4,700.