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Record the following transactions to the journal and post it to the T-accounts. Make a footing and get the ending balance of each account. Prepare your trial balance in the worksheet template.

Record the following transactions to the journal and post it to the T-accounts. Make a footing and get the ending balance of each account. Prepare your trial balance in the worksheet template.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Accounting Record the following transactions to the journal and post it to the T-accounts. Make a footing and get the ending balance of each account. Prepare your trial balance in the worksheet template. December 2 Paid wages from last month $1,500. 4 additional investment of $5,000 from S. Joe's savings account. Paid three months' insurance in advance, $600. 9. 10 Collected $1,500 from fees earned previously. 15 Billed client for services rendered, $1,500 20 Paid wages expense $ 1,800. 23 Received telephone bill to be paid later, $150 25 Provided cleaning services in cash $1,000. 26 Purchase cleaning supplies on account $ 1,200. 27 Payment of accounts payable $1,000. 28 Paid gasoline $500.
Transcribed Image Text:Accounting Record the following transactions to the journal and post it to the T-accounts. Make a footing and get the ending balance of each account. Prepare your trial balance in the worksheet template. December 2 Paid wages from last month $1,500. 4 additional investment of $5,000 from S. Joe's savings account. Paid three months' insurance in advance, $600. 9. 10 Collected $1,500 from fees earned previously. 15 Billed client for services rendered, $1,500 20 Paid wages expense $ 1,800. 23 Received telephone bill to be paid later, $150 25 Provided cleaning services in cash $1,000. 26 Purchase cleaning supplies on account $ 1,200. 27 Payment of accounts payable $1,000. 28 Paid gasoline $500.
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