here is the ledger for stampfer co 534337
Here is the ledger for Stampfer Co.
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here is the ledger for stampfer co 534337
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Common Stock |
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Oct. |
1 |
7,000 |
Oct. |
4 |
400 |
Oct. |
1 |
7,000 |
|
10 |
980 |
12 |
1,500 |
25 |
2,000 |
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10 |
8,000 |
15 |
250 |
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|
20 |
700 |
30 |
300 |
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|
25 |
2,000 |
31 |
500 |
|
Accounts Receivable |
Dividends |
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|
Oct. |
6 |
800 |
Oct. |
20 |
700 |
Oct. |
30 |
300 |
|
20 |
920 |
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Supplies |
Service Revenue |
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Oct. |
4 |
400 |
Oct. |
31 |
180 |
Oct. |
6 |
800 |
|
10 |
980 |
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|
20 |
920 |
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Equipment |
Salaries and Wages Expense |
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Oct. |
3 |
3000 |
Oct. |
31 |
500 |
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Notes Payable |
Supplies Expense |
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Oct. |
10 |
8000 |
Oct. |
31 |
180 |
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Accounts Payable |
Rent Expense |
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Oct. |
12 |
1500 |
Oct. |
3 |
3000 |
Oct. |
15 |
250 |
Instructions
(a) Reproduce the journal entries for only the transactions that occurred on October 1,10, and 20, and provide explanations for each.
(b) Prepare a trial balance at October 31, 2012. (Hint:Compute ending balances of T accounts first.)
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