Question

In: Accounting

The following transactions of the Brown Company for April 2017 are given; April 2, 2017: Mr....

The following transactions of the Brown Company for April 2017 are given;

April 2, 2017: Mr. Brown started his business by investing TL 180.000 cash and a vehicle worth TL 50.000.
April 05, 2017: purchased a computer at a price of TL 20.000. Paid 15.000 in cash and signed a note payable for the remaining.
April 07, 2017: purchased furniture for the office on account, TL 7.500.
April 10, 2017: purchased supplies for TL 1.400 cash.
April 12, 2017: provided service for TL 12.000 on account.
April 15, 2017: received TL 24.000 from a customer in advance and agreed to perform bookkeeping services of that customer for 1 year.
April 23, 2017: received TL 1.500 from April 12 customer.
April 26, 2017: Mr. Brown withdrew money from the company, TL 2.500.
April 30, 2017: earned service revenue of TL 12.600 and received cash.
April 30, 2017: paid the first month's rent, TL 8.000 (not in advance).


Please make the journal entries (20 Points)
and post to the T-accounts (10 points)
Prepare the Unadjusted Trial Balance (20 points)

Maximum number of characters (including HTML tags added by text editor): 32,000

Solutions

Expert Solution

Journal entries

Ledger accounts

Unadjusted Trial Balance


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