Question: pirates incorporated Purchase land with long-term note C20 1 Given Data PIRATES INCORPORATED Account Balances August 31, 2016 6 Note: These are the beginning balances



Purchase land with long-term note C20 1 Given Data PIRATES INCORPORATED Account Balances August 31, 2016 6 Note: These are the beginning balances 7 Account Title 8 Cash 9 Accounts receivable 10 Supplies 11 Land 12 Accounts payable 13 Notes payable 14 Common stock 15 Retained earnings 16 Credits Debits S6,500 2,500 7,600 11.200 7,500 3,000 9,000 8,300 17 18 19 September 1 Provide services for cash Transactions for September: $4.700 1s 6,400 500 6,000 $ 1,100 4,000 $ 5,000 900 s 2,000 $ 4,000 S 1,100 20 September 2 Purchase land with long-term note 21 September4 Receve invoice for newspaper advertising$ 8 Proide services on account 23 September 10 Purchase supplies on account 24 September 13 Pay cash on long-term note 25 September 18 Receive cash for accounts receivable 26 September 20 Pay cash for September rent 27 September 30 Pay September utility bill 28 September 30 Pay employee salaries 29 September 30 Pays cash dividends to shareholders 30 31 32 37 Insert Page Layout Formulas Data Review View Add-Ins Autodesk Vault 10KAWap Tet Accounting % Cut Merge & Center. $. %, %8..Conditi Formatti Blu-p.le-A- ste /t Format Panter Cipboard Number Alignment Font Transactions Credit Date 4,700 Sep. 1 Cash 4.700 Service Revenue Provide services for cash 6,400 Sep 2 Land 6,400 Notes Payable Purchase land with note payable Advertising Expense Receive invaice for current advertising 500 Sep. 4 500 Accounts Payable Sep 8 Accounts Receivable 6,000 Service Revenue 6,000 Provide services on account Sep 10 Supplies 1,100 Accounts Payable 1,100 Purchase supplies on Sep 13 Notes Payable Cash 4,000 4,000 Pay note payable 4 Sep 18 Accounts Recevable 5,000 5,000 Receive cash on account Rent Expense Pay rent for current mar Sep. 20 Cash 2 Sep 30 Utilities Expense 2,000 Cash Pay utilities for current month 2,000 6 Sep 30 Salaries Expense 4,000 Cash Pay salaries for current manth 4,000 0 Sep 30 Didends 1,100 Cash 1,100 Student Template Given DataG Type here to search Insert Page Layout Formulas Data Review View Add-Ins Autodesk Vault ALRUB Accounting Cut Eb Copy Paste 15-4-1 Format Painter B 1W-I Clipboard Numbe Font B61 Accounts Receivable Cash0 2500 4,700 63 Try agair 67 Notes Payable Accoun 71 72 75 76 Try agoin Try again Try agsi Common Retained Earnings Dividends 78 81 Try apui Try agsin Try agai 86 Service Revenue 87 Salaries Expense 90 Try agan Try agar 95 Utilities Expense 97 101 Student Template Given Data Type here to search Insert Page LayoutFormulas Data ReviewView AU Home File IAccounting @wap Tent 9- 110.1 K A |Arial % Cut Blu--.10- Paste Number Format Painter Alignment Font 861 Try agan Try agart Try agsi 101 103 105 Requirement 3: 107 PIRATES INCORPORATED Trial Balance September 30 110 Account Title 111 Cash 112 Accounts Receivable 113 Supplies 114 Land Debit Credit 115 Accounts Payable 116 Notes Payable 117 Common Stock 118 Retained Eamings 19 Diidends 20 Service Revenue 21 Salaries Expense 122 Rent Expense 23 Advertising Expense 24 Utilities Expense 125 Totals Student Template Given Data Ready
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