Posting of journal entries to appropriate accounts and prepare an unadjusted trial balance.
Bill transferred $15000 from personal account into business account
b. paid rent on office and equipment for the month $2500
c. purchased supplies on account $850
d. paid creditor on account $400
e. earned sales commission, receiving cash $15750
f. paid automobile expenses for month $2400, and misc expenses $600
g. paid office salaries $3250
h. determined the cost of supplies used $575
i. withdrew cash for personal use $1000
*I have to prepare T accounts. Post journal entries to these accounts, placing appropriate letter to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete.
*Then I have to prepare an unadjusted trial balance as of March 31
*Amount of total revenue recorder on ledger
amount of total expense recorder on ledger
amount of net income for March