online.academia21.com (c) Post the transactions to Taccounts Exercises 143 E3-12

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online.academia21.com (c) Post the transactions to Taccounts Exercises 143 E3-12 The Taccounts below sumamarize the ledyr of wholng Gardning Company, Inc. at the end of the first moeth of operations keam! rmuntienion,fum Uncarned Senvice Revenue Apr. 15,000 Apr. 15 Apr. 30 900 12 25 3,500 700 800 Accounts Receisable Apr. 73,400 Apr 29 00Ape 15.000 Apr 73400 12 700 Apr. 25 ,500 Apr. 5,200 Apr. 15 800 (a) Prepare the journal entries (including esplanations) that resased in the amount (b) Prepare a trial balance at April 30, 2014.nt Compute ending halances of T-accounts E3-13 Selected transactions from the jourmal of Eberle Ic during its first moeth of Pest joesmal posted to the accouts. Present them in the onder they eccuved a operations are presented here. Account Titles Debit Credit Aug. 1 Cash 10 Cash 2 Equipment Common Soock Service Revemae 1,200 Notes Payable 25 Accounts Receivable Service Revene 31 Cash Accounts Receivable (a) Post the transactions to T-accounts (b) Prepare a trial balance at Aupast 31,2014 E3-14 Here is the ledger for Keisler Co accots and OL 17000 25 2,000 Oct 1 7,000 10 0 8,000 20 25 2,000 12 1500 15 31 Accounts Receivable Oct. 800 Oct. 20 920 00 Oct 0 Oet 400 Oct 31 Oct

Explanation / Answer

Ex.3-12] a. Journal entries

b.      Trial Balance

Date Accounts Dr Cr April 1 Cash 15000 To Common stock 15000 4 Supplies 5200 To Accounts payable 5200 7 Accounts receivable 3400 To service revenue 3400 12 Cash 700 To service revenue 700 15 Salaries and wages expense 800 To cash 800 25 Accounts payable 3500 To cash 3500 29 Cash 800 To Accounts receivable 800 30 Cash 900 To unearned service revenue    900

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