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Burleson Auto? Glass, Inc., had the accompanying balance sheet values on January? 1, 20X0.

During? January, the following summarized transactions? occurred:

Requirement 1. Record the transactions in the journal. ?(Record debits? first, then credits. Explanations are not? required.)

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(***Requirement 1: in each left hand side blank, these choices below are given. And on the blanks for the debit and credit, please put in numbers! This applies to all of the Requirement 1 questions (from January 2 to January 31) )

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January? 2: Collected accounts? receivable, $2,900.

January? 3: Rendered services to customers for? cash, $4,300 ?($ 600 collected for? parts, $3,700

for? labor). Use two? accounts, Parts Revenue and Labor Revenue.

Requirement 2. Enter the January 1 balances in? T-accounts, post the journal entries to the? T-accounts, then calculate the ending balance for each? T-account. ?(Abbreviation used: Depr.? = Depreciation. If there are two transactions with the same? date, enter the amounts in the same order as presented in the transaction list. Do not check your answer until all balances and transactions have been entered. Leave unused cells? blank.)

Requirement 3. Prepare a trial balance for the month ended January? 31, 20X0. ?(Do not check your answer until all accounts and balances have been entered. Leave unused cells? blank.)

January 31, 20X0

Burleson Auto Glass, Inc.

Trial Balance

January 31, 20X0

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(*** Requirement 3: on the left side, these choices are given. And on the left side, put in numbers, please!)

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Requirement 4. Prepare closing entries.

Prepare the journal entry to close the revenue? account(s).

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(*** Requirement 4: Again, in each left hand side blank, these choices below are given. And on the blanks for the debit and credit, please put in numbers! This applies to all of the Requirement 4 questions)

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(Thank you so much for taking your time into this!!)

Burleson Auto Glass, Inc Balance Sheet Accounts, January 1, 20X0 Cash Accounts receivable Parts inventory Prepaid rent Trucks Equipment Accumulated depreciation, trucks Accumulated depreciation, equipment Accounts payable Paid-in capital Retained earnings Totals 7.700 3,300 2,500 1,800 35,800 8,200 14.100 5,300 2.100 20,500 17.300 59,300 59.300

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