Reference no: EM13794767
Journalize transactions for XYZ Enterprises for Oct. for the current year Oct. was the first month of business for this sole prop. Company Post all of the journal entries to T accts. Determine T acct balances and then prepare an Oct. 31 Trial Balance Prepare the 3 fin. Statements, I/S, Statement of O.E., B/S
1 Ben Hamilton, owner, invested money into this business 3,100.00
2 Business bought supplies on Account 912.00
3 Business bought Office Furniture. Paid Cash. 2,000.00
4 Business performed a service on account for a customer 7,400.00
5 Business performed a service for a customer. Customer immediately paid 1,250.00
6 Business paid employee for work performed this month 725.00
7 Owner was paid by his company 1,300.00
8 Customer of trans. 4 pays business half of what they owe. 3,700.00
9 Business paid October's rent 840.00
10 Ben Hamilton lends his brother money. Money was not the company's 375.00
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