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    On September 1 2010 The Following Were The Account Balances

    Uploaded by

    M Bilal Saleem
    This document provides accounting information for Pittsburg Equipment Repair for the month of September 2010. It lists the account balances as of September 1st and summarizes the transactions that occurred during the month, including paying salaries, receiving cash from customers, purchases, and other expenses. It also provides adjustment data and instructions for journalizing, posting, preparing a trial balance, and financial statements for the period.

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    On September 1 2010 The Following Were The Account Balances

    Uploaded by

    M Bilal Saleem
    24 views1 page
    This document provides accounting information for Pittsburg Equipment Repair for the month of September 2010. It lists the account balances as of September 1st and summarizes the transactions that occurred during the month, including paying salaries, receiving cash from customers, purchases, and other expenses. It also provides adjustment data and instructions for journalizing, posting, preparing a trial balance, and financial statements for the period.

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    On September 1 2010 the Following Were the Account Balances

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    This document provides accounting information for Pittsburg Equipment Repair for the month of September 2010. It lists the account balances as of September 1st and summarizes the transactions that occurred during the month, including paying salaries, receiving cash from customers, purchases, and other expenses. It also provides adjustment data and instructions for journalizing, posting, preparing a trial balance, and financial statements for the period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24 views1 page

    On September 1 2010 The Following Were The Account Balances

    Uploaded by

    M Bilal Saleem
    This document provides accounting information for Pittsburg Equipment Repair for the month of September 2010. It lists the account balances as of September 1st and summarizes the transactions that occurred during the month, including paying salaries, receiving cash from customers, purchases, and other expenses. It also provides adjustment data and instructions for journalizing, posting, preparing a trial balance, and financial statements for the period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    On September 1 2010 the following were the account

    balances
    On September 1, 2010, the following were the account balances of Pittsburg Equipment
    Repair.During September the following summary transactions were completed. Sept. 8 Paid
    $1,100 for salaries due employees, of which $400 is for September and $700 is for August
    salaries payable.10 Received $1,500 cash from customers in payment of account.12 Received
    $3,400 cash for services performed in September.15 Purchased store equipment on account
    $3,000.Sept. 17 Purchased supplies on account $2,000.20 Paid creditors $4,500 of accounts
    payable due.22 Paid September rent $400.25 Paid salaries $1,200.27 Performed services on
    account and billed customers for services provided $1,850.29 Received $650 from customers
    for services to be provided in the future.Adjustment data:1. Supplies on hand $1,800.2. Accrued
    salaries payable $400.3. Depreciation $200 per month.4. Unearned service revenue of $250
    earned.Instructions(a) Enter the September 1 balances in the ledger T accounts.(b) Journalize
    the September transactions.(c) Post to the ledger T accounts. Use Service Revenue,
    Depreciation Expense, Supplies Expense, Salaries Expense, and Rent Expense.(d) Prepare a
    trial balance at September 30.(e) Journalize and post adjusting entries.(f) Prepare an adjusted
    trial balance.(g) Prepare an income statement and a retained earnings statement for September
    and a classified balance sheet at September30.
    View Solution:
    On September 1 2010 the following were the account balances
    SOLUTION-- http://expertanswer.online/downloads/on-september-1-2010-the-following-were-
    the-account-balances/

    See Answer here expertanswer.online


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