Carla Quentin started her own consulting firm, Quentin Consulting, on May 1, 2020. The  following transactions occurred during the month of May.   May 1 Carla invested Tk. 7,000 cash in the business.    2 Paid Tk. 900 for office rent for the month.    3 Purchased Tk. 600 of supplies on account.    5 Paid Tk. 125 to advertise in the County News.    9 Received Tk. 4,000 cash for services provided.    12 Withdrew Tk. 1,000 cash for personal use.    15 Performed Tk. 5,400 of services on account.    17 Paid Tk. 2,500 for employee salaries.    20 Paid for the supplies purchased on account on May 3.    23 Received a cash payment of Tk. 4,000 for services provided on account on May 15.  26 Borrowed Tk. 5,000 from the bank on a note payable.    29 Purchased office equipment for Tk. 4,200 on account.    30 Paid Tk. 275 for utilities.  Instruction:  a) Journalize the transactions.  b) Post to the ledger accounts.  c) Prepare a trial balance.

Susan Huang began the practice of law October 1, 2020, with an Initlal investment of $10,500 in cash. She made no withdrawals during the month. After completing the first month of practice, the financial statements were prepared by Ryan Player, the secretary/bookkeeper Ms. Huang had hired. Ms. Huang almost burst out laughing when she saw them. She had completed a course in legal accounting In law school and knew the statements prepared by Player left much to be desired. Consequently, she asked you to revise the statements. The Player verslon is presented as follows: Susan Huang, Lawyer Balance Sheet October 31, 2020 Assets Liabilities and Equity $ 3,788 Susan Huang, capital 2,100 Cash $ 10,500 Furniture Supplies expense Accounts payable 420 1,050 Rent expense 2,100 Supplies 1,058 $ 10,580 $ 10,500 Susan Huang, Lawyer Income Statement For Month Ended October 31, 2020 Revenues: Legal revenue $ 11,550 Accounts receivable 2,100 $ 13,650 Expenses: Salaries expense $ 2,948 Telephone expense…

Mike Greenberg opened Cheyenne Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1   Owner invested $9,800 cash in the company.   1   Purchased used truck for $6,560, paying $1,640 cash and the balance on account.   3   Purchased cleaning supplies for $740 on account.   5   Paid $1,440 cash on a 1-year insurance policy effective July 1.   12   Billed customers $3,030 for cleaning services performed.   18   Paid $820 cash on amount owed on truck and $410 on amount owed on cleaning supplies.   20   Paid $1,640 cash for employee salaries.   21   Collected $1,310 cash from customers billed on July 12.   25   Billed customers $2,050 for cleaning services performed.   31   Paid $240 for maintenance of the truck during month.   31   Owner withdrew $490 cash from the company.   Date Account Titles and Explanation Debit Credit                                                                        July 1July…

Mike Greenberg opened Cheyenne Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1   Owner invested $9,800 cash in the company.   1   Purchased used truck for $6,560, paying $1,640 cash and the balance on account.   3   Purchased cleaning supplies for $740 on account.   5   Paid $1,440 cash on a 1-year insurance policy effective July 1.   12   Billed customers $3,030 for cleaning services performed.   18   Paid $820 cash on amount owed on truck and $410 on amount owed on cleaning supplies.   20   Paid $1,640 cash for employee salaries.   21   Collected $1,310 cash from customers billed on July 12.   25   Billed customers $2,050 for cleaning services performed.   31   Paid $240 for maintenance of the truck during month.   31   Owner withdrew $490 cash from the company. List of accounts: Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accumulated…