Reproduce the journal entries for the transactions

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Reference no: EM13508498

Presented below is the ledger for Bowman Co. Journalize transactions from account data and prepare a trial balance.


Cash


No. 101

10/1

3,000

10/4

400

10/10

500

10/12

1,500

10/10

4,000

10/15

250

10/20

500

10/30

300

10/25

2,000

10/31

500






Accounts Receivable


No. 112

10/6

800

10/20

500

10/20

940








Supplies


No. 126

10/4

400








Equipment


No. 157

10/3

2,000








Notes Payable


No. 200



10/10

4,000






Accounts Payable


No. 201

10/12

1,500

10/3

2,000






Owner's Capital


No. 301



10/1

3,000



10/25

2,000






Owner's Drawings


No. 306

10/30

300








Service Revenue


No. 400



10/6

800



10/10

500



10/20

940






Salaries and Wages Expense


No. 726

10/31

500








Rent Expense


No. 729

10/15

250



Instructions

(a) Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20, and provide explanations for each.

(b) Determine the October 31 balance for each of the accounts above, and prepare a trial balance at October 31, 2012.

Reference no: EM13508498

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