J J T J 十四 Date 2) Sophie Vaillancourt started on investment management business, Vaillancourt Management, on June 1, 2000. During the first month of operations, the business completed the pollowing selected transactions: Transaction June 1 Vaillancourt began the business with an investment of $20,000 cash, land valued at $60,000, and a building valued at $130,000. June 3 Purchased office supplies on account, $2,600. June 4 Paid $15,000 cash for office furniture. Ju June 12 Paid employee salary, $2,100 cash. June 22 Paid in cash $800 of accounts payable created by purchasing office June 15 Performed consulting service on account supplies on June 3. por clients, $12, 100. June 24 Received $2,000 bill for advertising expense that will be paid in the hear future." Ju June 25 Performed consulting service for customers and received cash, $5,600. June. 24 Received cash on account, $2,400. June 29 Paid the rent expense with a cheque por $1,700. Paid the ubilities expense with a June 30 Vaillancourt withdrew $6,500 cash por personal use. cheque por $400. Jouralize the transaction ii. Prepare Unadjusted Trial Balance at June 30, 2020.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 60P
Question
J
J
T
J
十四
Date
2) Sophie Vaillancourt started on investment management business,
Vaillancourt Management, on June 1, 2000. During the first month
of operations, the business completed the pollowing selected
transactions:
Transaction
June 1 Vaillancourt began the business with an investment of $20,000
cash, land valued at $60,000, and a building valued at $130,000.
June 3 Purchased office supplies on account, $2,600.
June 4 Paid $15,000 cash for office furniture.
Ju June 12 Paid employee salary, $2,100 cash.
June 22 Paid in cash $800 of accounts payable created by purchasing office
June 15 Performed consulting service on account
supplies
on June 3.
por clients, $12, 100.
June 24 Received $2,000 bill for advertising expense that will be paid in the
hear future."
Ju June 25 Performed consulting service for customers and received cash, $5,600.
June. 24 Received cash on account, $2,400.
June 29 Paid the rent expense with a cheque por $1,700. Paid the
ubilities expense with a
June 30 Vaillancourt withdrew $6,500 cash por personal use.
cheque por $400.
Jouralize the transaction
ii. Prepare Unadjusted Trial Balance at June 30, 2020.
Transcribed Image Text:J J T J 十四 Date 2) Sophie Vaillancourt started on investment management business, Vaillancourt Management, on June 1, 2000. During the first month of operations, the business completed the pollowing selected transactions: Transaction June 1 Vaillancourt began the business with an investment of $20,000 cash, land valued at $60,000, and a building valued at $130,000. June 3 Purchased office supplies on account, $2,600. June 4 Paid $15,000 cash for office furniture. Ju June 12 Paid employee salary, $2,100 cash. June 22 Paid in cash $800 of accounts payable created by purchasing office June 15 Performed consulting service on account supplies on June 3. por clients, $12, 100. June 24 Received $2,000 bill for advertising expense that will be paid in the hear future." Ju June 25 Performed consulting service for customers and received cash, $5,600. June. 24 Received cash on account, $2,400. June 29 Paid the rent expense with a cheque por $1,700. Paid the ubilities expense with a June 30 Vaillancourt withdrew $6,500 cash por personal use. cheque por $400. Jouralize the transaction ii. Prepare Unadjusted Trial Balance at June 30, 2020.
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