1 Journalize the transactions shown above. Q. 2 Post to the ledger and display the balance in each account after all the transactions have been posted.
On September 1, 2014, Michael Moe incorporated Moe's Mowing, Inc., a company that provides mowing and landscaping services. During the month of September, the business incurred the following transactions:
a. To begin operations, Michael deposited$10, 000 cash in the business's
bank account. The business received the cash and issued shares to Michael.
b. The business purchased equipment for$3, 500 on account.
c. The business purchased office supplies for$800 cash.
d. The business provided$2, 600 of landscaping works to a customer on
account.
e. The business paid$500 cash toward the equipment previously purchased
on account in transaction b.
f. The business received$2, 000 in cash for services provided to a new
customer.
g. The business paid $200 cash to repair equipment.
h. The business paid $900 cash for September's salary expense.
i. The business received $2,100 cash from a customer on account. j. Moe withdrew cash of $1,500.
Required:
Q. 1 Journalize the transactions shown above.
Q. 2 Post to the ledger and display the balance in each account after all the transactions have been posted.
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