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Henry Small opened the Smalls Bakery on September 1,2023. During the first month of operations,...

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Accounting

Henry Small opened the Smalls Bakery on September 1,2023. During the first month of operations, the following transactions occurred. Sept.
I. 1- Henry invested $50,000 cash in the business.
II.2- The company paid $1,000 cash for store rent for September.
III. 3-Purchased an oven for $25,000, paying $10,000 in cash and signing a $15,000,6-month, 12% note payable.
IV.4-Paid $1,200 for a one-year accident insurance policy.
V.10-Received a bill from the Daily News for advertising the opening of the bakery $200.
VI.20-Henry withdrew $700 cash for personal use.
VII. 30-The company determined that cash receipts for sales for the month were $6,200.
Instructions
Classify the Transactions
Journalise the September Transactions
Open Ledger Accounts and Post the September Transactions
Balance Off the Accounts
Prepare a trial balance of Smalls Bakery at September 30,2023.

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