PIRATES INCORPORATED Trial Balance Accounts Cash Accounts Receivable Supplies Land Accounts Payable Notes Payable Common Stock Retained Earnings Debits Credits $4,800 800 5,900 9,500 5,800 1,300 7,300 6,600 The following transactions occur in September September 1 Provide services to customers for cash, $3,000 September 2 Purchase land with a long-term note for $4,700 from Crimson Company. September 4 Receive an invoice for $330 from the local newspaper for an advertisement that appeared on September 2. September 8 Provide services to customers on account for $4,300 September 10 Purchase supplies on account for $1,100 September 13 Pay $2,300 to Crimson Company for a long-term note September 18 Receive $3,300 from customers on account. September 20 Pay $730 for September's rent. September 30 Pay September's utility bill of $1,150 September 30 Pay employees $2,300 for salaries for the month of September. September 30 Pay a cash dividend of $1,200 to shareholders General Journal General Ledger Requirement Trial Balance Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 - 11). Review the General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
