Unit3_PreLab.xlsx - $20,200 $8,580 $19,200 $2,400 $3,150...

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$20,200 1 1-Sep Issued common stock in exchange for $ $8,580 $3,810 5 5-Sep Purchased equipment for $8,580, payi $19,200 8 8-Sep Performed services on account for $19 $2,400 14 14-Sep Paid salaries of $2,400. $3,150 25 25-Sep Paid $3,150 cash on balance owed for $800 30 30-Sep Paid $800 cash dividend. Assets = Liabilites Accounts Payable + 1-Sep 20200 5-Sep -3810 8580 4770 8-Sep 19200 14-Sep -2400 25-Sep -3150 -3150 30-Sep -800 $10,040 19200 8580 1620 $37,820 $37,820 Date Debit Credit 1-Sep Cash 20200 Common Stock 20200 5-Sep Equipment 8580 Cash 3810 Accounts Payable 4770 8-Sep 19200 Service Revenue 19200 14-Sep 2400 Cash 2400 25-Sep Accounts Payable 3150 Cash 3150 30-Sep Divideneds 800 Cash 800 Complete a tabular analysis of the September transactions. For transactions affecting stockholders’ Cash + Account Receivable + Equipment = Journalize the transactions. (If no entry is required, select "No Entry" for the account titles Account Titles and Explanation Accounts Recieveable Salaries and Wage Expense
Cash 1-Sep 20200 5-Sep 3810 14-Sep 2400 25-Sep 3150 30-Sep 800 Bal 10040 Accounts Receivable 8-Sep 19200 Bal 19200 Equipment 5-Sep $8,580 Bal 8580 Accounts Payable 25-Sep 3150 5-Sep 4770 Bal 1620 Common Stock 1-Sep 20200 Bal 20200 Dividends 30-Sep 800 Bal 800 Service Revenue 8-Sep 19200 Bal 19200 Salaries and Wages Expense 14-Sep 2400 Bal 2400 Post the transactions to T-accounts. (Post entries in the order of information presented in t
$20,200 cash received from investors. ing $3,810 in cash and the balance on account. 9,200. equipment. + Stockholder's Equity Retained Earnings Revenues - Expense - Divideneds 20200 Issued Stock 19200 Service Revenue -2400 Salaries and Wages Expense -800 20200 19200 2400 800 equity, provide explanations in the far right column. (If a transaction causes a decrease in Assets, Liabilities or S Common Stock + s and enter 0 for the amounts. Credit account titles are automatically indented when amount is en
the question.)
Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular A ntered. Do not indent manually. Record journal entries in the order presented in the problem.)
Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.)
This is the trial balance of Ivanhoe Company on September 30. IVANHOE COMPANY The Octobe Trail Balance 30-Sep-22 1380 Debit Credit 5870 Cash 24020 1030 Accounts Receivable 7420 550 Supplies 4210 1980 Equipment 10110 320 Accounts Payable 9620 380 Unearned Service Revenue 3210 Common Stock 19820 Retained Earnings 13110 45760 45760 Prepare a general ledger using T-accounts. Enter the opening balances in the ledger accounts as of October
10-Oct 5870 Service Revenue 5870 15-Oct 1030 Cash 1030 17-Oct Cash 550 Service Revenue 550 20-Oct Accounts Payable 1980 Cash 1980 29-Oct Dividends 320 Cash 320 31-Oct Utilites Expense 380 Cash 380 Cash 1-Oct 24020 15-Oct 1030 5-Oct 1380 20-Oct 1980 17-Oct 550 29-Oct 320 31-Oct 380 Bal 22240 Accounts Receivable 1-Oct 7420 5-Oct 1380 10-Oct 5870 Bal 11910 Supplies 1-Oct 4210 Bal 4210 Equipment 1-Oct 10110 Bal 10110

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