Reference no: EM132835251

AD. Brown Plumbing Co completed the following transactions during February of the current year:

Feb 1 Began a plumbing service company by investing $12,000 in cash and office equipment having a $5,000 fair value.

Feb 2 Purchased plumbing tools for $1,000 on account.

Feb 4 Completed dishwasher repair work for $900 on account.

Feb 8 Completed hot water tank repair work for $500 cash.

Feb 10 Paid for the items purchased on credit on February 2.

Feb 11 Purchased office supplies for $120, cash.

Feb 14 Paid $6,000 for the annual rent.

Feb 15 Completed plumbing repair work for $1,500 on account.

Feb 18 Received payment in full for the work completed on February 4.

Feb 27 D. Brown withdrew $200 cash from the business to pay personal expenses.

Feb 28 Paid the February utility bills, $100.

Feb 28 Paid $500 for an advertisement in the local newspaper.

Feb 28 Paid the office assistant wage of $900.

REQUIRED:

Problem 1) Prepare general journal entries to record the transactions, include a brief description for each entry.Note:All of your account names can be found in the general ledger template.

Problem 2) Post the February entries to the general ledger.

Problem 3) Prepare a trial balance at February 28, 20XX.