Journalizing transactions, posting to T-accounts, and preparing a trial balance Exercise 2-61 continues with the consulting business of Lawlor Lawn Service, Inc., begun in Exercise 1-47. Here you will account for Lawlor Lawn Service's transactions as it is actually done in practice. Lawlor Lawn Service completed the following transactions during May: 11eb8258_94d5_93dd_bb02_31f09340a502_SM1625_00 Requirements 1. Open T-accounts: Cash, Accounts receivable, Lawn supplies, Equipment, Accounts payable, Common stock, Retained earnings, Dividends, Service revenue, and Fuel expense. 2. Journalize the transactions. Explanations are not required.. 3. Post to the T-accounts. Key all items by date, and denote an account balance as Bal. Formal posting references are not required.. 4. Prepare a trial balance at May 31, 2012.

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

تمرين 25

Journalizing transactions, posting to T-accounts, and preparing a trial balance Exercise 2-61 continues with the consulting business of Lawlor Lawn Service, Inc., begun in Exercise 1-47. Here you will account for Lawlor Lawn Service's transactions as it is actually done in practice.
Lawlor Lawn Service completed the following transactions during May:

Requirements
1. Open T-accounts: Cash, Accounts receivable, Lawn supplies, Equipment, Accounts payable, Common stock, Retained earnings, Dividends, Service revenue, and Fuel expense.
2. Journalize the transactions. Explanations are not required..
3. Post to the T-accounts. Key all items by date, and denote an account balance as Bal. Formal posting references are not required..
4. Prepare a trial balance at May 31, 2012.

التوضيح

موثّق

2. Journalizing is the chronological acc...