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Student Name:
Class:
Debit Credit
40,000$
50,000
Accounts Receivable
Cash
Accounts
Instructor
BRUINS COMPANY
November 30
Trial Balance
Problem 02-06
McGraw-Hill
Balances
40,000$
50,000
November 30
Trial Balance
BRUINS COMPANY
Given Data P02-06:
Accounts Receivable
Cash
Account Title
Student Name:
Class:
Requirement 1:
Date Account Debit Credit
March 1 3,000
3,000 <--Correct!
Cash
(Issue common stock)
Transactions
Common Stock
Problem 02-07
McGraw-Hill
Instructor
UTE SEWING SHOP
Student Name:
Class:
Problem 02-07
McGraw-Hill
Instructor
Requirement 2:
3,000 600 130 2,700
Debit Credit
3,655$
130
Cash
Accounts
Requirement 3:
31-Mar
Supplies
Notes Payable
Cash
Supplies
Equipment
Trial Balance
UTE SEWING SHOP
T-Accounts
UTE SEWING SHOP
Accounts Payable
Deferred Revenue
Given Data P02-07:
UTE SEWING SHOP
Transactions for March:
Student Name:
Class:
Requirement 1:
Date Debit Credit
Sep. 1 4,700
4,700 <--Correct!
Cash
Account
(Provide services for cash)
Service Revenue
Problem 02-08
McGraw-Hill
Instructor
Transactions
PIRATES INCORPORATED
Student Name:
Class:
Problem 02-08
McGraw-Hill
Instructor
6,500 4,000 2,500 5,000 7,600
4,700 900 6,000 1,100
5,000 2,000
4,000
1,100
4,200 3,500 8,700
Correct! Correct! Correct!
11,200 7,500 4,000 3,000
Requirement 2:
Land
Accounts Payable
Notes Payable
Accounts Receivable
Supplies
PIRATES INCORPORATED
Cash
T-Accounts
Student Name:
Class:
Problem 02-08
McGraw-Hill
Instructor
Debit Credit
4,200$
3,500$
Accounts Receivable
Cash
Accounts
Requirement 3:
September 30
PIRATES INCORPORATED
Trial Balance
Accounts Debits Credits
6,500$
Transactions for September:
September 1 4,700$
Given Data P02-08:
September 1
Account Balances
PIRATES INCORPORATED
Cash
Provide services for cash
