Pru No S525 debit E2.16 (LO 4) The accounts in the ledger The accounts in the ledger of Prompt Delivery Service contain the following balances on July 31, 2020 $ 1,968 Accounts Receivable $ 7,640 Prepaid Insurance 961 Accounts Payable 8,394 Maintenance and Repairs Expense Cash Service Revenue 10.610 700 Equipment 45,360 Owner's Drawings Gasoline Expense Owner's Capital 38,000 758 Utilities Expense 4.428 Salaries and Wages Expense 523 Notes Payable Salaries and Wages Payable 815 17.000 Instructions prepare a trial balance with the accounts arranged as illustrated in the chapter and fill in the missing amount for Cash. E217(LO 2, 3, 4) Beyers Security Company provides security services. Selected transactions for Beyers are presented below. Oct. 1 2 4 7 8 10 12 16 21 24 27 31 Invested $66,000 cash in the business. Hired part-time security consultant, Salary will be $2.000 per month. First day of work will be October 15. Paid one month of rent for building for $2,000. Purchased equipment for $18,000, paying $4.000 cash and the balance on account. Paid $500 for advertising. Received bill for equipment repair cost of $390. SEO Provided security services for event for $3,200 on account. Purchased supplies for $410 on account. Paid balance due from October 7 purchase of equipment. Received and paid utility bill for $148. no Received payment from customer for October 12 services performed. Paid employee salaries and wages of $5,100. structions 1. Journalize the transactions. Do not provide explanations. . Post the transactions to T-accounts. – Prepare a trial balance at October 31, 2020. (Hint: Compute ending balances of T-accounts firs oblems: Set A 0000000 A (LO 1, 2) Holz Disc Golf Course was opened on March 1 by Ian Holz. The following sel s and transactions occurred during March. 1 Invested $20,000 cash in the business.
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