-
![]()
21:20
<
.
Marbletop, Inc. had the following transactions during October:
.
●
LINE
.
(0)
• 5 Purchased land and a building for $50,000 and $175,000,
.
第一次作業題目.docx
3 Purchased $80,000 of equipment, paying 40% in cash and the
balance on account.
respectively, for $65,000 cash and signed a note for the balance.
Paid monthly rent of $2,000.
8
9 Issued stock for $100,000.
10 Provided services on account for $56,000.
15 Purchased $15,000 of equipment on account.
16 Collected $24,000 from customers who had previously
purchased inventory on account.
23 Made a payment of $2,000 plus $300 interest on the notes
payable.
24 Paid $9,000 on accounts payable.
28 Purchased supplies of $1,200
29 Paid monthly salaries of $3,000
At the beginning of the month, Marbletop had the following account
balances:
Accounts Payable
Accounts Receivable
Buildings
Capital Stock
Cash
Land
Wages Expense
Required:
|||
$ 2,000
12,000
51,000
10,000
10,000
105,000
10,000
NA 46+
Notes Payable
Rent Expense
0
Retained Earnings
Service Revenue
Supplies
Equipment
Interest Expense
1. Journalize the transactions.
2. Post the journal entries using T-accounts for each account.
3. Prepare
a trial balance at October 31, 2022.
il 04
$ 40,000
8,000
55,000
125,000
1,000
33,000
2,000
