Please answer with a spreadsheet so i can understand where the answers go ...
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Please answer with a spreadsheet so i can understand where the answers go
Transaction Analysis and Trial Balance Daniel Kelly, an attorney, opened his law practice on October 1. Prepare journal entries for the following October transactions, post the entries to the T-accounts, and prepare a trial balance: 1) Kelly started his law practice by contributing $24,375 cash to the business on October 1 , receiving shares of common stock in the company 2) Purchased office equipment on account, $13,000. 3) Paid office rent for October, $875. 4) Paid $12,000 to access online legal database for two years. 5) Billed clients for services rendered, $14,125. 6) Made $7,500 payment on account for the equipment purchased on October 2. 7) Paid legal assistant's salary, $3,500. 8) Collected $11,750 from clients previously billed for services. 9) Received invoice for October utilities, $225; it will be paid in November. 10) The company paid stockholders $1,875 as a cash dividend
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