P3-3A. The following transactions occurred in June 2021 for A. One Placement Agency of Fredericton: 2021...

  

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P3-3A. The following transactions occurred in June 2021 for A. One Placement Agency of Fredericton: 2021 June Expense 521 Salaries Expense 531 Telephone Expense 1 A. One invested $9,000 cash in the placement agency. Bought equipment on account from Tinker Co., $1,500. Earned placement fees of $1,400 but payment will not be received until July. 5 A. One withdrew $600 for his personal use. 7 9 1 4 Paid wages expense, $300. Placed a client on a local TV show, receiving $4,000 cash. 15 Bought supplies on account from Cinder Co., $350. 28 Paid telephone bill for June, $220. 29 Advertising bill from Shawl Co. was received but not yet paid, $500. Compreher journalizing preparing a 000 (45 Check Figure Trial Balance BEGINNING THE ACCOUNTING C urnalizing (30 min) The chart of accounts for A. One Placement Agency is as follows: Chart of Accounts Assets 111 Cash 112 Accounts Receivable 131 Supplies 141 Equipment Liabilities 211 Accounts Payable Owner's Equity 311 A. One, Capital 321 A. One, Withdrawals Revenue 411 Placement Fees Earned Expenses 511 Wages Expense 521 Telephone Expense 531 Advertising Expense Required a. The ledger is already set up for you based on the chart of accounts. b. Journalize (page 1) and post the June transactions. c. Prepare a trial balance as of June 30, 2021. GROUP B PROBLEMS (Excel templates for all questions are available in MyLab Accounting) P3-18. In April 2022 Lucas Arcand opened a new cleaning service in Victoria. Please assist him by journalizing the followi P3 P P3-3A. The following transactions occurred in June 2021 for A. One Placement Agency of Fredericton: 2021 June Expense 521 Salaries Expense 531 Telephone Expense 1 A. One invested $9,000 cash in the placement agency. Bought equipment on account from Tinker Co., $1,500. Earned placement fees of $1,400 but payment will not be received until July. 5 A. One withdrew $600 for his personal use. 7 9 1 4 Paid wages expense, $300. Placed a client on a local TV show, receiving $4,000 cash. 15 Bought supplies on account from Cinder Co., $350. 28 Paid telephone bill for June, $220. 29 Advertising bill from Shawl Co. was received but not yet paid, $500. Compreher journalizing preparing a 000 (45 Check Figure Trial Balance BEGINNING THE ACCOUNTING C urnalizing (30 min) The chart of accounts for A. One Placement Agency is as follows: Chart of Accounts Assets 111 Cash 112 Accounts Receivable 131 Supplies 141 Equipment Liabilities 211 Accounts Payable Owner's Equity 311 A. One, Capital 321 A. One, Withdrawals Revenue 411 Placement Fees Earned Expenses 511 Wages Expense 521 Telephone Expense 531 Advertising Expense Required a. The ledger is already set up for you based on the chart of accounts. b. Journalize (page 1) and post the June transactions. c. Prepare a trial balance as of June 30, 2021. GROUP B PROBLEMS (Excel templates for all questions are available in MyLab Accounting) P3-18. In April 2022 Lucas Arcand opened a new cleaning service in Victoria. Please assist him by journalizing the followi P3 P