Recording Transactions BCB Hydraulics’ March 31 trial balance is as follows: Debit Credit Cash


Question Description:

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Recording Transactions BCB Hydraulics’ March 31 trial balance is as follows: Debit Credit Cash 11,715 Accounts Receivable 3,765 Supplies 1,625 Equipment 15,750 Notes Payable 10,000 Common Stock 20,000 Sales Revenue 11,256 Salaries Expense 6,560 Utilities Expense 1,841 41,256 41,256 Transactions during April are as follows: 1. Purchased additional supplies on April 5, $2,280. 2. Billed customers for services rendered on April 7, $8,200. 3. Paid interest on notes payable on April 12, $300. 4. On April 22, received payment from customers billed previously, $7,500. 5. Paid salaries on April 30, $7,200. 6. Paid utilities on April 30, $1,600. Required a. Prepare journal entries for the month of April. b. Post the journal entries to their appropriate T- accounts. c. Prepare a trial balance at April 30.

Answer

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