Reference no: EM132648870
Question 1: How enter it so that those transactions reflected they credit or debit
Unadjusted trial balance
1)The amount of $ 300.00 of the prepaid rent was used.
2) The amount of $ 200.00 of the prepaid insurance was used.
3) The $ 100.00 amount of depreciation expense was posted.
4) $ 400.00 was paid from the checking account in the payment of basic services (utilities).
5) A customer service was performed for $ 2,000.00 and the customer paid cash to the account of checks.
6) A team credit was purchased for $ 5,000.00.
7) The $ 300.00 phone bill was paid from the checking account.
8) A job was performed on a credit customer for $ 8,000.00.
9) There was a maintenance expense of $ 200.00 and it was paid in cash from the checking account.
10) A car was purchased for business use with a value of $ 10,000.00 of which was paid $ 2,000.00 in cash and the remainder on credit.
11) A payment was made to a debt for $ 1,000.00 in cash.
12) A customer was provided a service on credit for the maintenance of his vehicle for $ 600.00.