The T accounts on the next page summarize the ledger of McGregor Gardening Company, Inc. at the end of the first month of operations.
|
Cash |
Unearned Service Revenue |
||||||||||
|
Apr. |
1 |
15,000 |
Apr. |
15 |
800 |
Apr. |
30 |
900 |
|||
|
12 |
700 |
25 |
3,500 |
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|
29 |
800 |
||||||||||
|
30 |
900 |
||||||||||
|
Accounts Receivable |
Common Stock |
||||||||||
|
Apr. |
7 |
3400 |
Apr. |
29 |
800 |
Apr. |
1 |
15000 |
|||
|
Supplies |
Service Revenue |
||||||||||
|
Apr. |
4 |
5200 |
Apr. |
7 |
3400 |
||||||
|
12 |
700 |
||||||||||
|
Accounts Payable |
Salaries and Wages Expense |
||||||||||
|
Apr. |
25 |
3500 |
Apr. |
4 |
5200 |
Apr. |
15 |
800 |
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Instructions
(a) Prepare in the order they occurred the journal entries (including explanations) that resulted in the amounts posted to the accounts.
(b) Prepare a trial balance at April 30, 2012. (Hint:Compute ending balances of T accounts first.)