During the first month of operations, July Porier Windows Inc. completed the following transactions.
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Requirements
Record each transaction in the journal. Key each transaction by date. Explanations are not required.
Post the transactions to the Taccounts, using transaction dates as posting references.
Prepare the trial balance of PorierWindows Inc. at July
The manager asks you how much in total resources the business has to work with, how much it owes, and whether Julywas profitable and by how much Calculate the amounts needed to answer her questions.
Requirement Record each transaction in the journal. Key each transaction by date. Explanations are not required. Record debits first, then credits.
Begin by recording the entry for July nd Porier received $ cash and issued common shares to shareholders.
tableJournal EntryDateAccounts,Debit,CreditJul