During the first month of operations, Landish Modeling Agency recorded transactions in T account form. Foot and balance the accounts. Cash Accounts Payable (a) 8,200 (b) 350 (k) 2,800 Salary Expense (g) 3,400 (c) 8,400 (d) 1,600 (j) 82 (i) 7,580 (f) 175 Bal. (g) 3,400 (h) 2,200 Rent Expense (d) 1,600 Bal. Accounts Receivable R. Landish, Capital Supplies (e) 2,600 (a)I 8,200 (j) 82 Office Furniture R. Landish, Drawing Utilities Expense (b) 350 (h) 2,200 (f) 175 (k) Office Equipment 2,800 Modeling Fees (c) 8,400 (e) 2,600 (i) 7,580 Bal.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 9PB: Prepare journal entries to record the following transactions. Create a T-account for Cash, post any...
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Create trial balance, income statement, statement of ownership equity, and balance sheet
During the first month of operations, Landish Modeling Agency recorded transactions in T account form.
Foot and balance the accounts.
Cash
Accounts Payable
(a)
8,200 (b)
350
(k)
2,800
Salary Expense
(g) 3,400
(c)
8,400 (d)
1,600
(j)
82
(i)
7,580 (f)
175
Bal.
(g)
3,400
(h)
2,200
Rent Expense
(d) 1,600
Bal.
Accounts Receivable
R. Landish, Capital
Supplies
(e)
2,600
(a)I
8,200
(j)
82
Office Furniture
R. Landish, Drawing
Utilities Expense
(b)
350
(h) 2,200
(f)
175
(k)
Office Equipment
2,800
Modeling Fees
(c)
8,400
(e)
2,600
(i)
7,580
Bal.
Transcribed Image Text:During the first month of operations, Landish Modeling Agency recorded transactions in T account form. Foot and balance the accounts. Cash Accounts Payable (a) 8,200 (b) 350 (k) 2,800 Salary Expense (g) 3,400 (c) 8,400 (d) 1,600 (j) 82 (i) 7,580 (f) 175 Bal. (g) 3,400 (h) 2,200 Rent Expense (d) 1,600 Bal. Accounts Receivable R. Landish, Capital Supplies (e) 2,600 (a)I 8,200 (j) 82 Office Furniture R. Landish, Drawing Utilities Expense (b) 350 (h) 2,200 (f) 175 (k) Office Equipment 2,800 Modeling Fees (c) 8,400 (e) 2,600 (i) 7,580 Bal.
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