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E 4-5A (LO5) Final Cach bat: 59,185 Triaf bal total debits: 512,750 GENERAL LEDGER ACCOUNTS; TRIAL BALANCE Set up general ledger accounts using the chart of accounts provided in Exercise 4-4A. Post the transactions from Exercise 4-4A to the general ledger accounts and prepare a trial balance. 2010 Alged. May mga worthwed partycypte |tal mil milest Chapter Applying Your Knowledge 117 E 4-6A (LO5) Total assets, Jan. 313510,985 FINANCIAL STATEMENTS From the information in Exercises 4-4A and 4-5A, pre- pare an income statement, a statement of owner's equity, and a balance sheet. E 4-4A (L04) GENERAL JOURNAL ENTRIES Jean Jones has opened Jones Consulting. Journalize the following transactions that occurred during January of the current year. Use the following journal pages: January 1-10, page 1, and January 11-29. page 2. Use the following chart of accounts: Chart of Accounts Assets Revenues 101 Cash 401 Consulting Fees 142 Office Supplies 181 Office Equipment Expenses sii Wages Expense Liabilities 521 Rent Expense 202 Accounts Payable 525 Telephone Expense 533 Utilities Expense Owner's Equity 549 Miscellaneous Expense 311 Jean Jones, Capital 312 Jean Jones, Drawing Jan. 1 Jones invested cash in the business, 510,000. 2 Paid office rent, $500. 3 Purchased office equipment on account, $1,500. 5 Received cash for services rendered, $750. 8 Paid telephone bill. $65. 10 Paid for a magazine subscription (miscellaneous expense), 515. 11 Purchased office supplies on account, $300. 15 Made a payment on account (see Jan. 3 transaction), $150. 18 Paid part-time employee, $500. 21 Received cash for services rendered, $350. 25 Paid utilities bill, 585. 27 Jones withdrew cash for personal use, S100. 29 Paid part-time employec, 5500. E 4-5A (LO5) GENERAL LEDGER ACCOUNTS; TRIAL BALANCE Set up general ledger accounts Finalish: 9.185 using the chart of accounts provided in Exercise 4-4A. Post the transactions from Trialba, total debit:512.750 Exercise 4-4A to the general ledger accounts and prepare a trial balance. CAR Mhe. 117 E 4-6A (LO5) Totalt an. 11. $10,165 E 4-7A (LO5) Total, July 31 57.100 FINANCIAL STATEMENTS From the information in Exercises 4-4A and 4-SA, pre pare an income statement, a statement of owner's equiry, and a balance sheet. FINANCIAL STATEMENTS From the following trial balance taken after one month of operation, prepare an income statement, a statement of owner's equity, and a bal- ance sheet

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