Reference no: EM132795569

On April 1, 2015, Alykhan Sunderji established an interior decorating business, Yaletown Interiors. During the month, Alykhan completed the following transactions:

Apr. 1. 2. 6. 10. 12. 15. 23. 29. 30.

Alykhan transferred cash from a personal bank account to an account to be used for the business, $15,000. Paid rent for period of April 2 to end of month, $2,350. Purchased office equipment on account, $10,000. Purchased supplies for cash, $1,200. Received cash for job completed, $8,500. Sent his girlfriend flowers paid for on his own credit card, $90. Recorded jobs completed on account and sent invoices to customers, $6,000. Paid utilities expense, $1,100. Paid creditor a portion of the amount owed for equipment purchased on April 6, $2,500.

problem 1: Post the journal to a ledger of three-column accounts, inserting appropriate posting references as each item is posted. Extend the balances after each transaction is posted, and note whether the balance is a debit or credit.

problem 2: Prepare an unadjusted trial balance as at April 30, 2015.