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Rachel started Mavtech Inc, a computer retail business on September 1, 2015. What follows is description of significant events that affected Mavtech Inc during September 2015.
Problem 1: Prepare journal entries for all transactions listed above.
Problem 2: For your convenience, you may consult the Excel file posted in this module, which includes blank T-accounts for all of the possible account names, including those that may not be relevant to your solution.
Problem 3: Post those entries to T-accounts and prepare an unadjusted trial balance (for September 1, 2015).
Problem 4: Prepare the initial Balance Sheet for September 1, 2015.
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