Account Golden Nursery School Trial Balance 1/31/2011 Cash Accounts Receivable Equipment Buses Notes Payable Accounts Payable T. Kuo, Capital Requirements Dr Balance 2,070 1,700 1,040 17,400 22,210 Cr 15,000 1,640 5,570 22,210 1.Prepare Journal Entries II.Prepare T accounts III.Generate ending balances in T accounts February Transactions Date Description Paid this month's rent, Received fees for this month's services Purchases supplies on account Re-imbursed bus driver for gas Ordered playground equipment Made a payment on account 2-Feb 3-Feb 4-Feb 5-Feb 6-Feb 8-Feb 9-Feb Received payments from customer on account 10-Feb Billed customers who had not yet paid for this month's services 11-Feb Paid for supplies purchased on 2/2 Purchased and received playground equipment ordered on 2/6 for 13-Feb cash 17-Feb Purchsed equipment on account 19-Feb Paid this month's utility bill 22-Feb Received payment for the month's services from customers previously billed 26-Feb Paid part-time assistants for services 27-Feb Purchased gas and oil for bus on account 28-Feb Made a cash withdrawl Amount ******** 1,000 1,200 1,000 290 145 500 460 325 200
Account Golden Nursery School Trial Balance 1/31/2011 Cash Accounts Receivable Equipment Buses Notes Payable Accounts Payable T. Kuo, Capital Requirements Dr Balance 2,070 1,700 1,040 17,400 22,210 Cr 15,000 1,640 5,570 22,210 1.Prepare Journal Entries II.Prepare T accounts III.Generate ending balances in T accounts February Transactions Date Description Paid this month's rent, Received fees for this month's services Purchases supplies on account Re-imbursed bus driver for gas Ordered playground equipment Made a payment on account 2-Feb 3-Feb 4-Feb 5-Feb 6-Feb 8-Feb 9-Feb Received payments from customer on account 10-Feb Billed customers who had not yet paid for this month's services 11-Feb Paid for supplies purchased on 2/2 Purchased and received playground equipment ordered on 2/6 for 13-Feb cash 17-Feb Purchsed equipment on account 19-Feb Paid this month's utility bill 22-Feb Received payment for the month's services from customers previously billed 26-Feb Paid part-time assistants for services 27-Feb Purchased gas and oil for bus on account 28-Feb Made a cash withdrawl Amount ******** 1,000 1,200 1,000 290 145 500 460 325 200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Account
Cash
Accounts Receivable
Equipment
Buses
Notes Payable
Golden Nursery School
Trial Balance
1/31/2011
Accounts Payable
T. Kuo, Capital
Requirements
Dr
Balance
2,070
1,700
1,040
17,400
22,210
i.Trial Balance
ii.Income Statement
iii.Statement of Equity
iv. Balance Sheet
Cr
15,000
1,640
5,570
1.Prepare Journal Entries
II.Prepare T accounts
III.Generate ending balances in T accounts
IV.Prepare
22,210
February Transactions
Date
Description
Paid this month's rent,
Received fees for this month's services
Purchases supplies on account
Re-imbursed bus driver for gas
Ordered playground equipment
Made a payment on account
Received payments from customer on account
Billed customers who had not yet paid for this month's services
Paid for supplies purchased on 2/2
Purchased and received playground equipment ordered on 2/6 for
cash
Purchsed equipment on account
Paid this month's utility bill
Received payment for the month's services from customers previously
billed
2-Feb
3-Feb
4-Feb
5-Feb
6-Feb
8-Feb
9-Feb
10-Feb
11-Feb
13-Feb
17-Feb
19-Feb
22-Feb
26-Feb Paid part-time assistants for services
27-Feb Purchased gas and oil for bus on account
28-Feb Made a cash withdrawl
Amount
400
650
85
40
1,000
170
1,200
700
1,000
290
145
500
460
325
200](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdcf55314-e77c-4207-b6b5-41857ff6b275%2Ffce3c9de-4e41-4f8e-9101-e9c0675d1338%2Fshi4pej_processed.png&w=3840&q=75)
Transcribed Image Text:Account
Cash
Accounts Receivable
Equipment
Buses
Notes Payable
Golden Nursery School
Trial Balance
1/31/2011
Accounts Payable
T. Kuo, Capital
Requirements
Dr
Balance
2,070
1,700
1,040
17,400
22,210
i.Trial Balance
ii.Income Statement
iii.Statement of Equity
iv. Balance Sheet
Cr
15,000
1,640
5,570
1.Prepare Journal Entries
II.Prepare T accounts
III.Generate ending balances in T accounts
IV.Prepare
22,210
February Transactions
Date
Description
Paid this month's rent,
Received fees for this month's services
Purchases supplies on account
Re-imbursed bus driver for gas
Ordered playground equipment
Made a payment on account
Received payments from customer on account
Billed customers who had not yet paid for this month's services
Paid for supplies purchased on 2/2
Purchased and received playground equipment ordered on 2/6 for
cash
Purchsed equipment on account
Paid this month's utility bill
Received payment for the month's services from customers previously
billed
2-Feb
3-Feb
4-Feb
5-Feb
6-Feb
8-Feb
9-Feb
10-Feb
11-Feb
13-Feb
17-Feb
19-Feb
22-Feb
26-Feb Paid part-time assistants for services
27-Feb Purchased gas and oil for bus on account
28-Feb Made a cash withdrawl
Amount
400
650
85
40
1,000
170
1,200
700
1,000
290
145
500
460
325
200
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