Prepare journal entered for the attached transactions : AppsCurrent Student ihl...BusinessCourseA Return to courseTansactiON ATTaiysIS and al DalanceMary Aker opened a tax practice on June 1. The following accounts will be needed to record her transactions for JuLibrary; Office Furniture and Fixtures; Accounts Payable; Notes Payable; Common Stock; Dividends; Professional FExpense; Utilities Expense; and Interest Expense. The following transactions occured during the month of June:June 1 Aker opened a business checking account at a local bank, investing $16,000 in her practice in exchange for common stock.2 Purchased office furniture and fixtures for $9,800, paid $2,800 cash, and gave a note payable for the balance.3 Purchased books and software for a tax library on account, $3,700.4 Purchased office supplies for cash, $560.5 Paid rent for June, $750.6 Returned $300 of books with defective bindings. The return reduced the amount owed to the supplier.7 Billed clients for professional services rendered, $7,600.8 Paid $1,700 on account for the library items purchased on June 3.9 Collected $5,900 on account from clients billed on June 7.10 Paid June salaries, $2,900.11 Received invoice for June advertising, to be paid in July, $300.12 Paid stockholders $800 cash as a dividend.13 Paid utilities for June, $160.14 Paid interest for June on note payable, $60.equiredPrepare journal entries and record the above transactions in T-accounts, and key entries with the number ofPrepare a trial balance as of June 30,

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Description: Prepare journal entered for the attached transactions : AppsCurrent Student ihl...BusinessCourseA Return to courseTansactiON ATTaiysIS and al DalanceMary Aker opened a tax practice on June 1. The following accounts will be needed to record her transa

Journal Entry for above Transaction are as follows.

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Business

Accounting

Prepare journal entered for the attached transactions

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter21: Accounting For Accruals, Deferrals, And Reversing Entries

Section21.1: Accruals

Problem 1WT

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