ACCT 220: Prepare and record journal entries and Trial balance column of worksheet.

Quiz 1: Prepare and record journal entries and Trial balance column of worksheet.

On October 1, 2013, Sandra started Coconino Pest Control as a sole proprietorship and has the following transactions:

Oct 1 Sandra invested $55,000 cash.

Oct 1 Sandra borrowed $10,000 from National Bank by signing a 24 month note at 6% interest.

Oct 1 Sandra purchased a computer system for $21,000 and equipment for $8,400 both for cash.

Oct 3 The company purchased $1,420 of computer supplies on credit from Staples.

Oct 6 The company billed customers $4,800 for pest control services performed.

Oct 10 The company hired Tucker as a part-time employee for $125 per day, as needed.

Oct 12 The company received $4,800 cash for pest control services performed.

Oct 15 The company received $2,400 cash from customers for payment towards accounts.

Oct 17 The company paid $800 cash for repair and maintenance of equipment.

Oct 20 The company paid $1,900 for advertising in the local newspaper.

Oct 28 The company billed customers $2,200 for pest control services performed.

Oct 31 The company paid $875 cash for Tuckers wages for seven days of work this month.

Oct 31 Sandra withdrew $5000 cash

1. Record journal entries to general journal

2. Post the journal entries to the general ledger accounts

3. Prepare the trial balance in the worksheet