Provide the following: 1. Journal entries (with description) 2. Ledger postings 3. Trial Balance In September 2022,
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Question:
Provide the following:
1. Journal entries (with description)
2. Ledger postings
3. Trial Balance
Transcribed Image Text:
In September 2022, Klara Böhringer opened a multimedia services company. The Chart of Accounts and financial transactions for the first month of operations are presented below: Klara Böhringer Media Productions Chart of Accounts Account # 101 102 105 106 110 112 114 201 202 301 302 401 501 502 503 Assets Cash Account Tile Accounts Receivable Advances to Employees Supplies Media Equipment Office Equipment Office Furniture Liabilities Accounts Payable Notes Payable Owner's Equity Klara Böhringer, Capital Klara Böhringer, Drawing Revenues Service Income Expenses Rent Expense Salaries Expense Utilities Expense In September 2022, Klara Böhringer opened a multimedia services company. The Chart of Accounts and financial transactions for the first month of operations are presented below: Klara Böhringer Media Productions Chart of Accounts Account # 101 102 105 106 110 112 114 201 202 301 302 401 501 502 503 Assets Cash Account Tile Accounts Receivable Advances to Employees Supplies Media Equipment Office Equipment Office Furniture Liabilities Accounts Payable Notes Payable Owner's Equity Klara Böhringer, Capital Klara Böhringer, Drawing Revenues Service Income Expenses Rent Expense Salaries Expense Utilities Expense
Expert Answer:
Answer rating: 100% (QA)
Journal Entries Klara Bhringer invested in her business Date Account Titles and Explanation Debit P Credit P September 2022 Cash 150000 September 2022 Media Equipment 220000 September 2022 Office Equi... View the full answer
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date:
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