3. Given the following transactions for Clip Corporation, prepare a trial balance as of March 31, 2023. a. Owner invested $15,250 cash and $6,500 worth of equipment into the business. b. Purchased supplies on account, $450. c. Rented office space paying one month's rent, $850. d. Performed services for a customer on account, $1,400. e. Purchased a truck by paying $1,000 down and signing a note for the remainder of $8,500. f. Performed services for a customer and immediately collected $800 cash. g. Paid employees salaries of $1,200.

3. Given the following transactions for Clip Corporation, prepare a trial balance as of March 31, 2023. a. Owner invested $15,250 cash and $6,500 worth of equipment into the business. b. Purchased supplies on account, $450. c. Rented office space paying one month's rent, $850. d. Performed services for a customer on account, $1,400. e. Purchased a truck by paying $1,000 down and signing a note for the remainder of $8,500. f. Performed services for a customer and immediately collected $800 cash. g. Paid employees salaries of $1,200.

Name: 3. Given the following transactions for Clip Corporation, prepare a t
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Description: 3. Given the following transactions for Clip Corporation, prepare a trial balance as ofMarch 31, 2023.a. Owner invested $15,250 cash and $6,500 worth of equipment into the business.b. Purchased supplies on account, $450.c. Rented office space paying

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Can you help me create a trial balance and balance sheet please for the following information
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