Show a correct trial balance for Joe Dadi Company the amounts are cash 3200 accounts receivable 7900
Question:
Show a correct trial balance for Joe Dadi Company the amounts are cash 3200 accounts receivable 7900 prepaid insurance 6420 supplies 8500 equipment 10000 accumulated equipment 2000 accounts payable 6000 unearned revenue 4950 capital 68435 drawings 8100 revenue 75545 salaries expense 105200 phone expense 2000 rent expense 5610 the transactions are
October 1 received $600 cash from a customer for future services
2 billed a customer $1500 for services provided
3 paid employees salary of $1500
4 paid telephone bill of $500
5 borrowed $20000 on notes payable
6 paid rent of $600
7 received $2500 from customer on account
8 received $6000 cash for services performed
9 purchase supplies for $1500
10 paid creditors $2500 on account
11 Joe wrote a cheque for cash to himself for $2000
Expert Answer:
Journal Entries Account Title Debit Credit 1 Cash 600 Accounts Receivable 600 Cash rec... View the full answer
