Henry Small opened the Smalls Bakery on September During the first month of operations, the following transactions occurred. Sept.
I. Henry invested $ cash in the business.
II The company paid $ cash for store rent for September.
III. Purchased an oven for $ paying $ in cash and signing a $month, note payable.
IVPaid $ for a oneyear accident insurance policy.
VReceived a bill from the Daily News for advertising the opening of the bakery $
VIHenry withdrew $ cash for personal use.
VII. The company determined that cash receipts for sales for the month were $
Instructions
Classify the Transactions
Journalise the September Transactions
Open Ledger Accounts and Post the September Transactions
Balance Off the Accounts
Prepare a trial balance of Smalls Bakery at September
