Diane Bernick opened Bernick's Consulting. Transactions and related journal entries for January are shown. Jan. 1 Bernick invested cash in the business, $12,000. 2 Paid office rent, $750. 3 Purchased office equipment on account, $1,300. 5 Received cash for services rendered, $950. 8 Paid phone bill, $85. 10 Paid for a magazine subscription (miscellaneous expense), $20. 11 Purchased office supplies on account, $250. 15 Made a payment on account (see Jan. 3 transaction), $200. 18 Paid part-time employee, $600. 21 Received cash for services rendered, $800. 25 Paid utilities bill, $105. 27 Bernick withdrew cash for personal use, $400. 29 Paid part-time employee, $600.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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With the Information provided I need the trial balance
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ation)
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Show Me How
General Ledger Accounts; Trial Balance
Diane Bernick opened Bernick's Consulting. Transactions and related journal entries for January are shown.
Jan. 1 Bernick invested cash in the business, $12,000.
2 Paid office rent, $750.
3 Purchased office equipment on account, $1,300.
5 Received cash for services rendered, $950.
8 Paid phone bill, $85.
10 Paid for a magazine subscription (miscellaneous expense), $20.
11 Purchased office supplies on account, $250.
15 Made a payment on account (see Jan. 3 transaction), $200.
18 Paid part-time employee, $600.
21 Received cash for services rendered, $800.
25 Paid utilities bill, $105.
27 Bernick withdrew cash for personal use, $400.
29 Paid part-time employee, $600.
GENERAL JOURNAL
PAGE 1
DESCRIPTION
POST, REF.
DEBIT
CREDIT
DATE
20--
101
12.000.00
Jan. 1
Cash
311
12,000.00
Diane Bernick, Capital
Owner's original investment
Check My Work
All work saved.
rch
[]
Transcribed Image Text:* CengageNOWv2 | Online teachin x genow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogress%3false ation) еВook Show Me How General Ledger Accounts; Trial Balance Diane Bernick opened Bernick's Consulting. Transactions and related journal entries for January are shown. Jan. 1 Bernick invested cash in the business, $12,000. 2 Paid office rent, $750. 3 Purchased office equipment on account, $1,300. 5 Received cash for services rendered, $950. 8 Paid phone bill, $85. 10 Paid for a magazine subscription (miscellaneous expense), $20. 11 Purchased office supplies on account, $250. 15 Made a payment on account (see Jan. 3 transaction), $200. 18 Paid part-time employee, $600. 21 Received cash for services rendered, $800. 25 Paid utilities bill, $105. 27 Bernick withdrew cash for personal use, $400. 29 Paid part-time employee, $600. GENERAL JOURNAL PAGE 1 DESCRIPTION POST, REF. DEBIT CREDIT DATE 20-- 101 12.000.00 Jan. 1 Cash 311 12,000.00 Diane Bernick, Capital Owner's original investment Check My Work All work saved. rch []
еВook
Show Me How
2. Prepare a trial balance.
Bernick's Consulting
Trial Balance
January 31, 20--
Account Title
Account No. Debit Balance Credit Balance
Cash
101
Office Supplies
14
Office Equipment
181
Accounts Payable
202
Diane Bernick, Capital
311
Diane Bernick, Drawing
312
Consulting Fees
401
Wages Expense
511
Rent Expense
521
Phone Expense
525
Utilities Expense
533
Miscellaneous Expense
549
Feedback
Check My Work
Transfer the balances from the general ledger to the trial balance, then total the debit and credit columns to ma
Check My Work
All work saved.
Transcribed Image Text:еВook Show Me How 2. Prepare a trial balance. Bernick's Consulting Trial Balance January 31, 20-- Account Title Account No. Debit Balance Credit Balance Cash 101 Office Supplies 14 Office Equipment 181 Accounts Payable 202 Diane Bernick, Capital 311 Diane Bernick, Drawing 312 Consulting Fees 401 Wages Expense 511 Rent Expense 521 Phone Expense 525 Utilities Expense 533 Miscellaneous Expense 549 Feedback Check My Work Transfer the balances from the general ledger to the trial balance, then total the debit and credit columns to ma Check My Work All work saved.
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