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Doris Stanford started her practice as a design consultant on September 1, 2017. During the first month of operations, the business completed the following transactions: (Click the icon to view the transactions.) Read the requirements Requirement 1. Record each transaction in the joumal using the following account titles: Cash; Accounts Receivable, Office Supplies: Prepaid Insurance Furniture Land Accounts Payable; Usitis Payable Uneared Revenue: Stanford, Capital: Stanford. Withdrawals: Service Revenue; Salaries Expense; Rent Expense: Usities Expense. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Sep. 1: Received $50,000 cash and gave capital to Stanford 1. Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Furniture; Land; Accounts Payable; Utilities Payable; Unearned Revenue; Stanford, Capital; Stanford, Withdrawals; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense. Explanations are not required. 2. T-accounts have been opened for each of the accounts. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. 3. Prepare the trial balance of Doris Stanford, Designer, at September 30, 2017. Sep. 4: Purchased office supplies, $600, and furniture, $1,900, on account. Sep. 6: Performed services for a law firm and received $1,800 cash. Sep. 7: Paid $22,000 cash to acquire land to be used in operations. Sep. 10: Performed services for a hotel and received its promise to pay the $1,100 within one week. Sep. 14: Paid for the furniture purchased September 4 on account. Sep. 15: Paid assistant's semimonthly salary, $1,400. Sep. 17: Received cash on account, $900. Sep. 20: Prepared a design for a school on account, $750. Sep. 25: Received $2,600 cash for design services to be performed in October. Sep. 28: Received $2,700 cash for consulting with Plummer & Gorden. Sep. 29: Paid $1,200 cash for a 12-month insurance policy starting on October 1. Sep. 30: Paid assistant's semimonthly salary, $1,400. Sep. 30: Paid monthly rent expense, $650. Sep. 30: Received a bill for utilities, $250. The bill will be paid next month. Sep. 30: Stanford withdrew cash of $3,800. Requirement 2. T-accounts have been opened for each of the accounts. Post the journal entries to the accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. Dal. 22,UUU Requirement 3. Prepare the trial balance of Doris Stanford, Designer, at September 30, 2017. Review the ending balances of the T-account that you prepared in Requirement 2. THIO) Doris Stanford started her practice as a design consultant on September 1, 2017. During the first month of operations, the business completed the following transactions: (Click the icon to view the transactions.) 1. Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Furniture; Land; Accounts Payable; Utilities Payable; Unearned Revenue; Stanford, Capital; Stanford, Withdrawals; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense. Explanations are not required. 2. T-accounts have been opened for each of the accounts. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. 3. Prepare the trial balance of Doris Stanford, Designer, at September 30, 2017

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