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Prepare the journal book or ledger book and trial balance

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Reference no: EM132496438

Jan 1: Anne decided to start a business by investing 200,000 in cash and 40,000 in notes payable.

Jan 3: The Company borrowed 10,000 from the bank and signed a note.

Jan 4: Anne increased the investments by 10,000 in equipment.

Jan 6: The Company performed services for 100,000 and received 90,000 in cash.

Jan 8: The Company paid the following expenses: advertising 20,000 rent 10,000 and utilities 30,000.

Jan 10: The Company received 100,000 cash for services to be performed later.

Required:

Question 1: Prepare the journal book, ledger book and trial balance.

Reference no: EM132496438

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