The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 283 Weeks Ago, 6 Days Ago |
| Questions Answered: | 27237 |
| Tutorials Posted: | 27372 |
MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Geezer Wheels Service, Inc
1. Investors bought stock in the company for $65, 000.
2. The business paid the store rent of $4,500 for the month.
3. The business bought supplies for $150 on the account.
4. The business had cash sales of $15,000
5. The business paid for a One-month insurance policy-$200.
6. The business had credit sales for $6,000
7. Received an advertising bill of $750-will pay next month
8 Paid salaries for the month of $5,000
9. Collected $4,500 from customers on account
10. Paid the account in #3 above ($150)
Â
1 Complete the table blow.
                   Geezer Wheels Service, Inc
                     First Month of Business
  Cash + Accts.Rec + Supplies = Accts. Pay + Common Stk + Revenue + Expeneses
                             +65,000
Â
Â
Â
Â
2 Make a General Journal entries for the above table.
Â
3 Post to "T" accounts Sheet.
Â
4 Make a Trial Balance Sheet.
Attachments:
----------- Â ----------- H-----------ell-----------o S-----------ir/-----------Mad-----------am ----------- Th-----------ank----------- yo-----------u f-----------or -----------usi-----------ng -----------our----------- we-----------bsi-----------te -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------ns.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age-----------