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Fall 2025 Financial Accounting I (ACCA-105-03)
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Trial Balance 6pts
Remember you have to figure out the total for Accounts Payable. Hint Total each column and REMEMBER Debit must equal Credit - 2pts
Prepare a general journal similar to THIS
YOU MUST LABEL IT CORRECTLY. After you are complete WRITE Your answer in your notebook and bring it to class for a full grade
- Label it Page 4.
Record
the following transactions in the journal and
post the transaction description on A Separate line below each journal entry similar to above- Sept. 6 Billed a customer for services performed, $3,800.
- Sept 16 Received partial payment from the customer billed on September 6, $1,800
1. Prepare A T-Account For Each Account - 11 Pts
2. Prepare a trial balance in proper sequence for Ferdinand Repair Service as of June 30, 2014
Complete this in your Notebook first - bring it to class
Prepare a general journal similar to THIS
YOU MUST LABEL IT CORRECTLY. After you are complete WRITE Your answer in your notebook and bring it to class for a full grade
- Label it Page 5 .
Record
the following transactions in the journal and
post the transaction description on A Separate line below each journal entry similar to above- Jan 01 Tom Jones invested $2,400 in cash to establish Tom'sAuto Shop.
- Jan 01 Paid two months’ rent in advance, $1,680.
- Jan 06 Purchased supplies on credit, $120.
- Jan 09 Received cash for car services, $600.
- Jan 10 Paid for supplies purchased in 5.
- Jan 12 Paid utility bill, $72.
- Jan 13 Withdrew $100 in cash