Question

Journalize the five transactions for Mirmax Rentals described below:

August 1 Mirmax purchases two new saws on credit at $375 each. The saws are added to Mirmax’s rental inventory. Payment is due in 30 days.

August 8 Mirmax accepts advance deposits for tool rental of $75 that will be applied to the cash rental when the tools are returned.

August 15 Mirmax receives a bill from Macon Utility Company for $150. Payment is due in 30 days.

August 20 Mirmax charges Customers $750 for tool rentals. Payment is due in 30 days.

August 31 Mirmax receives $500 in payments from the customers that were bill for rentals on August 20.

Given the following balances for Garry’s Tree Service, prepare a Trial Balance

Cash	$30,000
Supplies	1,000
Accounts Payable	8,000
Garry Ryan, Capital	36,800
Wage Expenses	2,000
Machinery	24,000
Wages Payable	3,600
Service Revenue	22,500
Rent Expenses	10,000
Unearned Revenue	4,000
Accumulated Depreciation-Machinery	7,600
Prepaid Rent	12,200
Garry Ryan, Drawing	3,300

Financial Statements

Prepare an Income Statement, Statement of Owner’s Equity and Balance Sheet

Steve Austin’s Company Adjusted Trial Balance As at December 31, 2017
Cash	$4,000
Account Receivable	5,300
Prepaid Expenses	420
Equipment	12,400
Accumulated Depreciation		$2,200
Accounts Payable		800
Notes Payable		3,070
Steve Austin, Capital		13,000
Steve Austin, Drawing	800
Revenue		11,800
Wages Expenses	2,450
Rent Expenses	1,900
Utilities Expenses	1,475
Depreciation Expenses	1,150
Miscellaneous Expenses	975
Totals	30,870	30,870

Problem 3                              
Financial Statements                              
           Income Statement                  
                               
                              
                              
It should be in excel format could not upload the excel form that I had worked on boy should be in

Problem 3                              
Financial Statements      

Income Statement      
           Income Statement                  
                               

Answer 1

Multiple Questions are not allowed under 1 post. Please post it separately.I will solve Q1.

Date	Account Titles and Explanation	Debit	Credit
Aug.1	Equipment	$     375.00
	Accounts Payable		$     375.00
Aug.8	Cash	$       75.00
	Unearned Revenue		$       75.00
Aug.15	Utilities Expense	$     150.00
	Accounts Payable		$     150.00
Aug.20	Accounts Receivable	$     750.00
	Rental Revenue		$     750.00
Aug.31	Cash	$     500.00
	Accounts Receivable		$     500.00