The T-accounts below summarize the ledger of Daggett Landscaping Company at the end of the first month
Question:
The T-accounts below summarize the ledger of Daggett Landscaping Company at the end of the first month of operations.
Instructions
(a) Prepare the complete general journal (including explanations) from which the postings to Cash were made.
(b) Prepare a trial balance at April 30,2017.
Cash No. 101 Unearned Service Revenue No. 209 12,000 4/15 1,300 1,500 4/30 1,000 4/12 4/29 4/30 900 4/25 400 1,000 Accounts Receivable No. 112 400 No. 126 Owner's Capital No. 301 12,000 No. 400 3,200 3,200 4/29 Supplies Service Revenue 4/4 1,800 4/12 900 Accounts Payable No. 201 Salaries and Wages Expense 4/15 No. 726 4/25 1,500 4/4 1,800 ,300
Step by Step Answer:
a b Date Apr 1 Cash 12 15 25 29 30 Account Titles and Explanation Owners Capital Owners investment ...View the full answer
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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