Reference no: EM132225894

Question - Please make a General Journal, General Ledger, and Trial Balance of the following Transactions for Toll House Bakery Goods.

On January 2nd, 2019 Henry Baker invested $100,000 of Cash, $5,000 of Office Equipment, and $60,000 of Drafting Equipment in exchange for Common Stock in her new company, Bakery Toll House Goods.

On January 5th, 2019 The company paid $3,000 in advance for 12 months of Business Insurance coverage.

On January 10th, 2019 The company delivered a set of plans to a client and billed them on account for $14,000. Payment is due in 30 days.

On January 15th 2019 The company purchased $500 of Office Supplies on account.

On January 15th 2019 The company paid $2000 Cash for Salary to a CAD engineer.

On January 20th 2019 The client billed on January 10 sent in payment in full on their account balance.

On January 25th 2019 Toll House Bakery Goods received a downpayment for a client baker of $1,000 for a project that will begin February 2019.

On January 31st, 2019 Toll House Bakery Goods recorded the expiration of one month's Business Insurance for January.

The check figure is $180,500.