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review_problem1_Fall2010

review_problem1_Fall2010 - Apr 1 12,000 Service Revenue Apr...

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(c) Post the transactions to T accounts. E3-9B These T accounts summarize the ledger of Hayley’s Gardening Company Inc. at the end of the first month of operations. Cash Apr. 1 12,000 Apr. 15 900 12 700 25 3,500 29 800 30 600 Accounts Receivable Apr. 7 2,400 Apr. 29 800 Supplies Apr. 4 5,200 Accounts Payable Apr. 25 3,500 Apr. 4 5,200 Unearned Revenue Apr. 30 600 Common Stock
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Unformatted text preview: Apr. 1 12,000 Service Revenue Apr. 7 2,400 12 700 Salaries Expense Apr. 15 900 Journalize transactions from T accounts and prepare a trial balance. (SO 5, 8) Instructions (a) Prepare in the order they occurred the journal entries (including explanations) that resulted in the amounts posted to the accounts....
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