Required information E3-18 and E3-19(Static) Posting to T-Accounts and Creating an Unadjusted Trial Balance...

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Accounting

Required information
E3-18 and E3-19(Static) Posting to T-Accounts and Creating an Unadjusted Trial Balance [LO 3-3, LO 3-4]
[The following information applies to the questions displayed below.]
In January, Tongo, Incorporated, a branding consultant, had the following transactions.
a. Received $9,500 cash for consulting services rendered in January.
b. Issued common stock to investors for $10,000 cash.
c. Purchased $12,000 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years.
d. Received $7,500 cash for consulting services to be performed in February.
e. Bought and received $1,000 of supplies on account.
f. Received utility bill for January for $1,250, due February 15.
g. Consulted for customers in January for fees totaling $15,900, due in February.
h. Received $12,000 cash for consulting services rendered in December.
i. Paid $500 toward supplies purchased in (e).
E3-19(Static) Creating an Unadjusted Trial Balance [LO 3-4]
Required:
Prepare an unadjusted trial balance for Tongo, Incorporated for the month ended January 31.
\table[[TONGO, INCORPORATED,,],[Unadjusted Trial Balance,,],[At January 31,,],[Account Name,Debit,Credit],[Cash,,],[Accounts Receivable,,],[Supplies,,],[Equipment,,],[Accounts Payable,,],[Deferred Revenue,,],[Notes Payable (long-term),,],[Common Stock,,],[Retained Earnings,,],[Service Revenue,,],[Utilities Expense,,],[,,],[Totals,,]]
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