Reference no: EM131255423
The following events occurred during August 2013.
Issued common stock to Ms. Garriz in exchange for $15,000 cash.
Paid $850 for first month's rent on office space.
Purchased supplies of $2,250 on credit.
Borrowed $8,000 from the bank.
Paid $1,080 on account for supplies purchased earlier on credit.
Paid secretary's salary for August of $2,150.
Performed accounting services for clients who paid cash upon completion of the service in the total amount of $4,700.
Used $3,180 of the supplies on hand.
Performed accounting services for clients on credit in the total amount of $1,920.
Purchased $500 in supplies for cash.
Collected $1,290 cash from clients for whom services were performed on credit.
Paid $1,000 dividend to stockholders.
Prepare the trial balance at August 31, 2013. If an amount box does not require an entry, leave it blank.
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: The following events occurred during August 2013. Issued common stock to Ms. Garriz in exchange for $15,000 cash. Paid $850 for first month's rent on office space. Prepare the trial balance at August 31, 2013. If an amount box does not require an ent..
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