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    m_castillo06's Avatar
    m_castillo06 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Feb 15, 2009, 11:07 AM
    Jounal entry, t-accounts,and trial balance
    I am currently taking accounting but I am lost... I have no idea what I'm doing and I have 2 problems which have to be turned in and I really need help...

    Problem 1:

    Rosa partridge started the creative frames shop in a small shopping center. In the first weeks of operation, the company completed the following transactions:

    a. deposited $21000 in an account in the name of the company to start the business.
    b. paid the current months rent $1500.
    c.purchased store equipment on credit $10800.
    d. purchased framing supplies for cash $5100.
    e. received framing revenue $2400.
    f. billed customers for services $2100.
    g. paid utilities expense $750.
    h. received payment from customers in transaction $600.
    I. made payment on store equipment purchased in transaction $5400.
    j. withdrew cash for personal expenses $1200.

    I need the journal entries, the t-accounts, and the trial balance... please help
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Feb 15, 2009, 02:15 PM

    Do your work first, then if you have a specific question we will try to help you.
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