The T accounts summarize the ledger of McGregor Gardening Company, - 14713

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Exercise 3-12

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The T accounts summarize the ledger of McGregor Gardening Company, Inc. at the end of the first month of operations.

Cash

Apr. 1

12,500

Apr. 15

930

Apr. 12

670

Apr. 25

3,160

Apr. 29

520

   

Apr. 30

810

   

Accounts Receivable

Apr. 7

4,370

Apr. 29

520

Supplies

Apr. 4

6,810

   

Accounts Payable

Apr. 25

3,160

Apr. 4

6,810

Unearned Service Revenue

 

 

Apr. 30

810

Common Stock

 

 

Apr. 1

12,500

Service Revenue

 

 

Apr. 7

4,370

 

 

Apr. 12

670

Salaries and Wages Expense

Apr. 15

930

   

                                                                                             

a.       Prepare in the order they occurred the journal entries that resulted in the amounts posted to the accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

b.      Prepare a trial balance at April 30, 2012.

 

Solution Description

 

If

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Exercise 3-12.docx
Exercise 3-12.d...