Postingthe following journal entries to the T- accounts and balance each of theaccounts. T- accounts are included in the in the Exam 1 format document.Make sure you use proper alpha reference and balance technique.GENERAL JOURNALPageDateDebitCreditDescriptionPostrefCashCommon Stock10,0001.10,000 2EquipmentAccounts Payable10,00010,000/5Accounts ReceivableFees Earned4,0004.000 8d.5.00010Accounts PayableCash1011125,000/1112132.500Rent LxpenseCash132,500/14/ 151415

Ledger account: It is used to record the business transactions that were made during a financial…

Posting the following journal entries to the T- accounts and balance each of the accounts. T- accounts are included in the in the Exam 1 format document. Make sure you use proper alpha reference and balance technique. GENERAL JOURNAL Page Date Description Post ref Debit Credit a. Cash 10,000 21 Common Stock 10,000 2 3 3. 4 b. Equipment Accounts Payable 10,000 4 10,000 5 Accounts Receivable 4,000 Fees Earned 4,000 8 9. 10 Accounts Payable Cash 10 d. 5.000 11 5,000 11 12 12 2.500 13 Rent Expense Cash 13 14 2,500 14 15 15 6 19

Posting the following journal entries to the T- accounts and balance each of the accounts. T- accounts are included in the in the Exam 1 format document. Make sure you use proper alpha reference and balance technique. GENERAL JOURNAL Page Date Description Post ref Debit Credit a. Cash 10,000 21 Common Stock 10,000 2 3 3. 4 b. Equipment Accounts Payable 10,000 4 10,000 5 Accounts Receivable 4,000 Fees Earned 4,000 8 9. 10 Accounts Payable Cash 10 d. 5.000 11 5,000 11 12 12 2.500 13 Rent Expense Cash 13 14 2,500 14 15 15 6 19

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 4PA: Use the journals and ledgers that follow. Total the journals. Post the transactions to the...

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