Journal Entries, Ledgers, and Trial Balance

Bob Sample opened the Campus Laundromat on September $1,2024.$ During the first month of operations, the following transactions occurred. Sept. $1$ Bob invested $$45,000$ cash in the business. $2$ The company paid $3,500$ cash for store rent for September. $3$ Purchased washers and dryers for $$6,000,$ paying $$1,500$ in cash and signing a $$4,500,6-$month, $12\%$ note payable. $4$ Paid $$3,600$ for a one$-$year accident insurance policy. $10$ Received a bill from the Daily News for online advertising of the opening of the laundromat $$900.20$ Bob withdrew $$6,800$ cash for personal use. $30$ The company determined that cash receipts for laundry services for the month were $$20,200.$

Instructions

$($a$)$ Journalize the September transactions.

$($b$)$ Open ledger $($T$$ accounts$)$ and post the September transactions.

$($ c$)$ Prepare Trial Balance for the Campus Laundromat for September.