50.1K

Verified Solution

Link Copied!

Journal entry worksheet 56 Purchase office supplies on account for $1,800. Note: Enter debits before credits. Journal entry worksheet Pay employee salaries of $2,500 for the current month. Note: Enter debits before credits. Journal entry worksheet 24 Pay office rent of $3,700 for the current month. Note: Enter debits before credits. Journal entry worksheet 2356 Receive cash of $4,300 in advance from a customer who plans to have his house painted in the following month. Note: Enter debits before credits. \begin{tabular}{|l|l|l|} \hline Beginning Balance & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Beginning Balance & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Beginning Balance & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Prev 1 of 2 :II Next > Journal entry worksheet Purchase advertising to appear in the current month for $1,100 cash. Note: Enter debits before credits. Red River Painting Company incurs the following transactions for September. 1. September 3 paint houses in the current month for $11,500 on account. 2. September 8 purchase painting equipment for $12,500cash. 3. September 12 Purchase office supplies on account for $1,800. 4. September 15 Pay employee salaries of $2,500 for the current nonth. 5. September 19 purchase advertising to appear in the curront nonth for $1,100 cash. 6. September 22 pay of f ice rent of $3,700 for the current month. 7. September 26 Receive $6,500 from eustomers in (1) above. 8. September 30 receive cash of $4,300 in advance from a customer who plans to have his house painted in the following month. Required: 1. Record each transaction. 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, \$37,600; Accounts Receivable, \$850; Supplies, \$330; Equipment, \$5,700; Accounts Payable, \$750; Common Stock, \$16,500; Retained Earnings, \$27,230. All other accounts had a beginning balance of zero. 3. Prepare a trial balance. Complete this question by entering your answers in the tabs below. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Prepare a trial balance. Journal entry worksheet 234567 Paint houses in the current month for $11,500 on account. Note: Enter debits before credits. Journal entry worksheet 56 Note: Enter debits before credits. Journal entry worksheet 123456 Receive $6,500 from customers in transaction (1). Note: Enter debits before credits. \begin{tabular}{|l|l|l|l|l|l|l|} \hline Beginning Balance & & & & Salaries Expense \\ \hline & & & & & \\ \hline \end{tabular}

Answer & Explanation Solved by verified expert

See Answer