
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339 Exercise 46
Journalizing transactions, posting to accounts in four-column format, and preparing a trial balance
The trial balance of Shermana Peters, Registered Dietician, P.C., at June 30, 2012, follows:
During July, Peters or her business completed the following transactions:
Requirements
1. Record the July transactions in the businesses journal. Include an explanation for each entry.
2. Post the transactions to four-column accounts in the ledger, using dates, account numbers, journal references, and posting references.
3. Prepare the trial balance of Shermana Peters, Registered Dietician, P.C., at July 31,2012.
The trial balance of Shermana Peters, Registered Dietician, P.C., at June 30, 2012, follows:
During July, Peters or her business completed the following transactions:
Requirements
1. Record the July transactions in the businesses journal. Include an explanation for each entry.
2. Post the transactions to four-column accounts in the ledger, using dates, account numbers, journal references, and posting references.
3. Prepare the trial balance of Shermana Peters, Registered Dietician, P.C., at July 31,2012.
Explanation
This exercise requires knowledge and app...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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