Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4,2-5, 2-6) [The following information applies to the questions displayed below.] Boilermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $18,500 on account. 2. September 8 Purchase painting equipment for $19,500 cash. 3. September 12 Purchase office supplies on account for $3,200. 4. September 15 Pay employee salaries of $3,900 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,000 cash. 6. September 22 Pay office rent of $5,100 for the current month. 7. September 26 Receive $13,500 from customers in (1) above. 8. September 30 Receive cash of $5,700 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 3 3. Prepare a trial balance.
Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4,2-5, 2-6) [The following information applies to the questions displayed below.] Boilermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $18,500 on account. 2. September 8 Purchase painting equipment for $19,500 cash. 3. September 12 Purchase office supplies on account for $3,200. 4. September 15 Pay employee salaries of $3,900 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,000 cash. 6. September 22 Pay office rent of $5,100 for the current month. 7. September 26 Receive $13,500 from customers in (1) above. 8. September 30 Receive cash of $5,700 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 3 3. Prepare a trial balance.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information
Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4,2-5, 2-6)
[The following information applies to the questions displayed below.]
Boilermaker House Painting Company incurs the following transactions for September.
1. September 3 Paint houses in the current month for $18,500 on account.
2. September 8 Purchase painting equipment for $19,500 cash.
3. September 12 Purchase office supplies on account for $3,200.
4. September 15 Pay employee salaries of $3,900 for the current month.
5. September 19 Purchase advertising to appear in the current month for $1,000 cash.
6. September 22 Pay office rent of $5,100 for the current month.
7. September 26 Receive $13,500 from customers in (1) above.
8. September 30
Receive cash of $5,700 in advance from a customer who plans to have his house painted in the
following month.
Exercise 2-20A Part 3
3. Prepare a trial balance.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4e51c3b-f01e-4887-a6e6-fba69d6e06c3%2Fc99e24a6-5706-48da-9e79-5ebdd394add4%2F5plrb9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4,2-5, 2-6)
[The following information applies to the questions displayed below.]
Boilermaker House Painting Company incurs the following transactions for September.
1. September 3 Paint houses in the current month for $18,500 on account.
2. September 8 Purchase painting equipment for $19,500 cash.
3. September 12 Purchase office supplies on account for $3,200.
4. September 15 Pay employee salaries of $3,900 for the current month.
5. September 19 Purchase advertising to appear in the current month for $1,000 cash.
6. September 22 Pay office rent of $5,100 for the current month.
7. September 26 Receive $13,500 from customers in (1) above.
8. September 30
Receive cash of $5,700 in advance from a customer who plans to have his house painted in the
following month.
Exercise 2-20A Part 3
3. Prepare a trial balance.
![3. Prepare a trial balance.
BOILERMAKER HOUSE PAINTING COMPANY
Trial Balance
Accounts
X Answer is not complete.
Cash
Accounts Receivable
Supplies
Equipment
Accounts Payable
Deferred Revenue
Common Stock
Retained Earnings
Service Revenue
Salaries Expense
Advertising Expense
Rent Expense
Totals
$
Debit
Credit
$ 48,700 X
0 $ 48,700](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4e51c3b-f01e-4887-a6e6-fba69d6e06c3%2Fc99e24a6-5706-48da-9e79-5ebdd394add4%2Fkc0f1b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:3. Prepare a trial balance.
BOILERMAKER HOUSE PAINTING COMPANY
Trial Balance
Accounts
X Answer is not complete.
Cash
Accounts Receivable
Supplies
Equipment
Accounts Payable
Deferred Revenue
Common Stock
Retained Earnings
Service Revenue
Salaries Expense
Advertising Expense
Rent Expense
Totals
$
Debit
Credit
$ 48,700 X
0 $ 48,700
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