Please create T-accounts for a general ledger, a trial balance, income statement, statement of retained earnings, and a balance sheet with the following information.  

 

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Date Journal Entry Cash Player's Equity 1-Jan Land Cash Purchased Connecticut Avenue 2-Jan Miscellaneous Expense Cash Community Chest Hospital fee 3-Jan Rent Expense Cash Landed on Virginia Avenue 4-Jan Rent Revenue Cash Player 1 landed on Connecticut Avenue 5-Jan Land Cash 1-Feb Property Tax Expense Cash City tax fee 2-Feb Land Purchased Atlantic Avenue Cash Purchased St. Charles Place 3-Feb Miscellaneous Expense Cash Community Check Doctor's fee 4-Feb Land (Virigina Avenue) Land (Connecticut Avenue) Gain on Sale of Property 5-Feb Rent Revenue Cash Player 2 landed on St. Charles Place 6-feb Rent Revenue Cash Player 4 landed on Virginia Avenue 1-Mar Miscellaneous Revenue Cash Community Chest sale of stock 2-Mar Rent Expense Cash Landed on Oriental Avenue 3-Mar Land Cash Purchased Pennsylvania Railroad 4-Mar Rent Expense Cash Landed on B&O Railroad 5-Mar Rent Revenue Cash Player 1 landed on Pennsylvania Railroad 6-Mar Rent Expense Cash Landed on New York Avenue 1-Apr Rent Revenue Cash Player 3 landed on Atlantic Avenue 2-Apr Rent Revenue Cash Player 4 landed on Pennsylvania Railroad 3-Apr Land Cash Purchased Reading Railroad 4-Apr Rent Revenue Cash Player 4 landed on Reading Railroad Debit $1,500.00 $ 120.00 $ 100.00 $ $ 12.00 10.00 $ 400.00 $ 200.00 $ 140.00 $ 80.00 $ 160.00 $ 12:00 $ 10.00 S 50.00 5 6.00 $ 200.00 $ 25.00 $ $ 10.00 16.00 $ 22.00 5 10.00 $ 200.00 $ 50.00 Credit $1,500.00 $ 120.00 $ 100.00 $ 12.00 $ 10.00 $ 400.00 $ 200.00 $140.00 $ 80.00 $ 120.00 $ 12.00 $ 10.00 $ 50.00 $ 6.00 $ 200.00 $ 25.00 $ 10.00 $ 16.00 $ 22.00 $ 10.00 $ 200.00 $ 50.00 Date Journal Entry Cash Player's Equity 1-Jan Land Cash Purchased Connecticut Avenue 2-Jan Miscellaneous Expense Cash Community Chest Hospital fee 3-Jan Rent Expense Cash Landed on Virginia Avenue 4-Jan Rent Revenue Cash Player 1 landed on Connecticut Avenue 5-Jan Land Cash 1-Feb Property Tax Expense Cash City tax fee 2-Feb Land Purchased Atlantic Avenue Cash Purchased St. Charles Place 3-Feb Miscellaneous Expense Cash Community Check Doctor's fee 4-Feb Land (Virigina Avenue) Land (Connecticut Avenue) Gain on Sale of Property 5-Feb Rent Revenue Cash Player 2 landed on St. Charles Place 6-feb Rent Revenue Cash Player 4 landed on Virginia Avenue 1-Mar Miscellaneous Revenue Cash Community Chest sale of stock 2-Mar Rent Expense Cash Landed on Oriental Avenue 3-Mar Land Cash Purchased Pennsylvania Railroad 4-Mar Rent Expense Cash Landed on B&O Railroad 5-Mar Rent Revenue Cash Player 1 landed on Pennsylvania Railroad 6-Mar Rent Expense Cash Landed on New York Avenue 1-Apr Rent Revenue Cash Player 3 landed on Atlantic Avenue 2-Apr Rent Revenue Cash Player 4 landed on Pennsylvania Railroad 3-Apr Land Cash Purchased Reading Railroad 4-Apr Rent Revenue Cash Player 4 landed on Reading Railroad Debit $1,500.00 $ 120.00 $ 100.00 $ $ 12.00 10.00 $ 400.00 $ 200.00 $ 140.00 $ 80.00 $ 160.00 $ 12:00 $ 10.00 S 50.00 5 6.00 $ 200.00 $ 25.00 $ $ 10.00 16.00 $ 22.00 5 10.00 $ 200.00 $ 50.00 Credit $1,500.00 $ 120.00 $ 100.00 $ 12.00 $ 10.00 $ 400.00 $ 200.00 $140.00 $ 80.00 $ 120.00 $ 12.00 $ 10.00 $ 50.00 $ 6.00 $ 200.00 $ 25.00 $ 10.00 $ 16.00 $ 22.00 $ 10.00 $ 200.00 $ 50.00

Answer rating: 100% (QA)

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