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Save OFF ACCT203-1P2 - Recording transactions student tem References Mailings Review View Acrobat Insert Draw Design Layout A Arial 10 Ib - A A Aa ADA B 1 3. Post the transaction to the lodger. Your general ledger cash balance uses a full ledger sheet: use the T Chart for all other accounts. Colorado Service Center General Ledger Account: Cash Account Number: 101 Balance DEBIT CREDIT CREDIT Trans. DEBIT 35,000 49,000 Description Open Balance Notes Payable Land -N 35,000 84,000 57,500 a. 26,500 3 b. 4 5 6 7 8 9 10 11 12 13 Truck Equipment 17,500 Bal Bal Bal. Bal. Anem den er ruinment Arcumdanrar runt Acro ACCT203-IP2 - Recording transact References Mailings Review View Layout Design 21 Draw Insert X 10 Arial - A A A x x A.D.A. 8 1 1. Open the following accounts, with the balances indicated, in the ledger of Colorado Services Center. Use the T-account format. Colorado Service Center Trial Balance April 1, 2021 Balance ACCOUNT DEBIT CREDIT Cash $35,000 Equipment $17.500 Truck $29,000 Account Receivable $4,200 Account Payable $5,700 Harper, capital $80,000 Total $85,700 $85,700 During March, the business engaged in the following transactions: a. Borrowed 549,000 from the bank and signed a notes payable in the name of the business b. Paid cash of $26,500 to acquire land c Performed customer service and eamed revenue on account, $5,560 d. Performed service for a customer and received cash of $5,800 e. Purchased supplies on account, $350 t Paid $3,575 on accounts payable 9. Paid cash expense for salaries ($4,500) and rent ($2,500); make a compound entry h. Received $3,300 on account Pays $900 in cash for a 3-month auto insurance | Recelved a $255 utility bill that will be paid next week k Harper withdrew cash of $5,575 1 Paid maintenance expense of $230 Page 1 of 6 ACCT203-12-decording transaction student template indivual project 2-Mac References Mais Deview View Acrobat Table Design Layout Tel D Design Layout A - A By Dict Chand some of Pete Yar geledech belediyer Totoral account Acce General About Desc CREDIT CHETT DEBIT 3.000 Oo DEBIT 35.000 84.000 57,5 Land Prepaid Hal Nebe Aca het 10 31 Truck Bal ta Equipment PA dal Unene revere Service revenue Acenderet Accom depretruck Bal B Share Com Insert Draw Design ACCT203-IP3-Adjusting Entries Student template (1) - Surved to my Mac Layout References Mailings Review View Acrobat Tell me WA " A 21 1 Athode ABEDDE AA TE Normal Nacing Dictata Style Pane Create and Share Adobe PDF Sign General Ledger Account: Cash SUR M Received $1.500 cash from a customer for 3 months of Vic N. Employees are 2.250 every Friday for a 5-day work week. April 30, 2021 is a Wednesday O Records of mont's prepaid auto insurance (5900 for 3 months) P. Os April 30, 2021.theson and is $45 (On April 1, 2021 wa $350. Depreciation for the month includes equipment (750) and trucks (5450). Make a compound entry Account Number: 101 Balance DEBIT CREDIT 35,000 CREDIT Ita DEBIT 35.000 49,000 Description Open Glance Nos Payable Land + 26,500 1 3 4 4300 84.000 57.100 61.800 58.525 52525 5 3.375 6,000 Journal Entry . O ACCOUNT CREDIT 3.100 DEBIT h. Service Revenue Payment on account Excess Received payment Prepaid Auto Insurance Harper, duwing Maintenance Expone M 900 3.500 230 65.625 54,725 51.225 50,995 10 N 12 13 O Truck P Equipment 17400 29.000 Bal Ascum, depresequipmem Acum depec, truck pe 487 wordt English (United States Focus Share 1 Draw Design Layout 2 ACCT203-IP3-Adjusting Entries-Student template (1) - Saved to my Mac References Mailings Review View Acrobat Tell me A 21 Abcode Accedi Aral 12 - A A Normal No Spacing Dictate Sensitivity Styles Pane B AAA Create and se Adobe PDI Harper capital al Harper, drawing 3.500 80.000 Supplies 350 Bal Accounts receivable 4200 5580 Bat 3100 Denne expense equipment Depenexpense truck Bat Bal Insurance expense Land Prepaid auto insurance 900 Rent expense 2.000 25.500 Bal. tal Bal Supplies expense Salary expense 4.000 Notes payable Accounts payable 3.275 49,000 5.200 350 Bal B Bal Salary payable Utilities payable Maintenance expense 230 Utilities expense 255 255 Bal at Bal. Bal. Unearned service revenue Service revenue C 5.560 4300 lat English (United States Focus NO No Spacing Normal Styles Pane - A A A- APA On Colorade Service Center Adjustad Trial Balance April 30, 2021 4. Complete the end of the accounting cycle for Colorado Service Center by creating the income statement, statement of owner's equity, and balance sheet for the month ending April 30, 2021. ACCOUNT DEBIT CREDIT Income Statement Equipment Revenue: Accueipment Acum, de truck Accounts receivable Supplies Expenses: Prepaid auto insurance Accounts payable Notas payable Salary payable Use payable Unearned Service Havenue Harper, capital Harper, drawing Service twee Depreciation expense - Equip Depreciation expense - Truck Total Expenses Net Income Insurance expense Statement of Owner's Equity Rant expense Salary expense Supplier expense Maintenance Expense Harper, capital - April 1, 2021 is expense Less: Harper, drawing English (United States Focus 8 Balance Sheet Liabilities Assets Total Liabilities Equipment Loss: Accum. Dep. Truck Less: Accum. Dep. Owner's Equity 131.130 Total Assets Total Liabilities & OE Focus 1 - MacBook Save OFF ACCT203-1P2 - Recording transactions student tem References Mailings Review View Acrobat Insert Draw Design Layout A Arial 10 Ib - A A Aa ADA B 1 3. Post the transaction to the lodger. Your general ledger cash balance uses a full ledger sheet: use the T Chart for all other accounts. Colorado Service Center General Ledger Account: Cash Account Number: 101 Balance DEBIT CREDIT CREDIT Trans. DEBIT 35,000 49,000 Description Open Balance Notes Payable Land -N 35,000 84,000 57,500 a. 26,500 3 b. 4 5 6 7 8 9 10 11 12 13 Truck Equipment 17,500 Bal Bal Bal. Bal. Anem den er ruinment Arcumdanrar runt Acro ACCT203-IP2 - Recording transact References Mailings Review View Layout Design 21 Draw Insert X 10 Arial - A A A x x A.D.A. 8 1 1. Open the following accounts, with the balances indicated, in the ledger of Colorado Services Center. Use the T-account format. Colorado Service Center Trial Balance April 1, 2021 Balance ACCOUNT DEBIT CREDIT Cash $35,000 Equipment $17.500 Truck $29,000 Account Receivable $4,200 Account Payable $5,700 Harper, capital $80,000 Total $85,700 $85,700 During March, the business engaged in the following transactions: a. Borrowed 549,000 from the bank and signed a notes payable in the name of the business b. Paid cash of $26,500 to acquire land c Performed customer service and eamed revenue on account, $5,560 d. Performed service for a customer and received cash of $5,800 e. Purchased supplies on account, $350 t Paid $3,575 on accounts payable 9. Paid cash expense for salaries ($4,500) and rent ($2,500); make a compound entry h. Received $3,300 on account Pays $900 in cash for a 3-month auto insurance | Recelved a $255 utility bill that will be paid next week k Harper withdrew cash of $5,575 1 Paid maintenance expense of $230 Page 1 of 6 ACCT203-12-decording transaction student template indivual project 2-Mac References Mais Deview View Acrobat Table Design Layout Tel D Design Layout A - A By Dict Chand some of Pete Yar geledech belediyer Totoral account Acce General About Desc CREDIT CHETT DEBIT 3.000 Oo DEBIT 35.000 84.000 57,5 Land Prepaid Hal Nebe Aca het 10 31 Truck Bal ta Equipment PA dal Unene revere Service revenue Acenderet Accom depretruck Bal B Share Com Insert Draw Design ACCT203-IP3-Adjusting Entries Student template (1) - Surved to my Mac Layout References Mailings Review View Acrobat Tell me WA " A 21 1 Athode ABEDDE AA TE Normal Nacing Dictata Style Pane Create and Share Adobe PDF Sign General Ledger Account: Cash SUR M Received $1.500 cash from a customer for 3 months of Vic N. Employees are 2.250 every Friday for a 5-day work week. April 30, 2021 is a Wednesday O Records of mont's prepaid auto insurance (5900 for 3 months) P. Os April 30, 2021.theson and is $45 (On April 1, 2021 wa $350. Depreciation for the month includes equipment (750) and trucks (5450). Make a compound entry Account Number: 101 Balance DEBIT CREDIT 35,000 CREDIT Ita DEBIT 35.000 49,000 Description Open Glance Nos Payable Land + 26,500 1 3 4 4300 84.000 57.100 61.800 58.525 52525 5 3.375 6,000 Journal Entry . O ACCOUNT CREDIT 3.100 DEBIT h. Service Revenue Payment on account Excess Received payment Prepaid Auto Insurance Harper, duwing Maintenance Expone M 900 3.500 230 65.625 54,725 51.225 50,995 10 N 12 13 O Truck P Equipment 17400 29.000 Bal Ascum, depresequipmem Acum depec, truck pe 487 wordt English (United States Focus Share 1 Draw Design Layout 2 ACCT203-IP3-Adjusting Entries-Student template (1) - Saved to my Mac References Mailings Review View Acrobat Tell me A 21 Abcode Accedi Aral 12 - A A Normal No Spacing Dictate Sensitivity Styles Pane B AAA Create and se Adobe PDI Harper capital al Harper, drawing 3.500 80.000 Supplies 350 Bal Accounts receivable 4200 5580 Bat 3100 Denne expense equipment Depenexpense truck Bat Bal Insurance expense Land Prepaid auto insurance 900 Rent expense 2.000 25.500 Bal. tal Bal Supplies expense Salary expense 4.000 Notes payable Accounts payable 3.275 49,000 5.200 350 Bal B Bal Salary payable Utilities payable Maintenance expense 230 Utilities expense 255 255 Bal at Bal. Bal. Unearned service revenue Service revenue C 5.560 4300 lat English (United States Focus NO No Spacing Normal Styles Pane - A A A- APA On Colorade Service Center Adjustad Trial Balance April 30, 2021 4. Complete the end of the accounting cycle for Colorado Service Center by creating the income statement, statement of owner's equity, and balance sheet for the month ending April 30, 2021. ACCOUNT DEBIT CREDIT Income Statement Equipment Revenue: Accueipment Acum, de truck Accounts receivable Supplies Expenses: Prepaid auto insurance Accounts payable Notas payable Salary payable Use payable Unearned Service Havenue Harper, capital Harper, drawing Service twee Depreciation expense - Equip Depreciation expense - Truck Total Expenses Net Income Insurance expense Statement of Owner's Equity Rant expense Salary expense Supplier expense Maintenance Expense Harper, capital - April 1, 2021 is expense Less: Harper, drawing English (United States Focus 8 Balance Sheet Liabilities Assets Total Liabilities Equipment Loss: Accum. Dep. Truck Less: Accum. Dep. Owner's Equity 131.130 Total Assets Total Liabilities & OE Focus 1 - MacBook

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