Posting of journal entries to appropriate accounts

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Reference no: EM1313524

Posting of journal entries to appropriate accounts and prepare an unadjusted trial balance.

Bill transferred $15000 from personal account into business account
b. paid rent on office and equipment for the month $2500
c. purchased supplies on account $850
d. paid creditor on account $400
e. earned sales commission, receiving cash $15750
f. paid automobile expenses for month $2400, and misc expenses $600
g. paid office salaries $3250
h. determined the cost of supplies used $575
i. withdrew cash for personal use $1000

*I have to prepare T accounts. Post journal entries to these accounts, placing appropriate letter to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete.

*Then I have to prepare an unadjusted trial balance as of March 31

*Amount of total revenue recorder on ledger

amount of total expense recorder on ledger

amount of net income for March

Reference no: EM1313524

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