Exercise 3-12 The T accounts summarize the ledger of McGregor Gardening Company, Inc. at the end of the first month of operations. Cash Apr. 1 12,500 Apr. 15 930 Apr. 12 670 Apr. 25 3,160 Apr. 29 520 Apr. 30 810 Accounts Receivable Apr. 7 4,370 Apr. 29 520 Supplies Apr. 4 6,810 Accounts Payable Apr. 25 3,160 Apr. 4 6,810 Unearned Service Revenue Apr. 30 810 Common Stock Apr. 1 12,500 Service Revenue Apr. 7 4,370 Apr. 12 670 Salaries and Wages Expense Apr. 15 930 a. Prepare in the order they occurred the journal entries that resulted in the amounts posted to the accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) b. Prepare a trial balance at April 30, 2012.

Exercise 3-12

The T accounts summarize the ledger of McGregor Gardening Company, Inc. at the end of the first month of operations.

Cash
Apr. 1	12,500	Apr. 15	930
Apr. 12	670	Apr. 25	3,160
Apr. 29	520
Apr. 30	810
Accounts Receivable
Apr. 7	4,370	Apr. 29	520
Supplies
Apr. 4	6,810
Accounts Payable
Apr. 25	3,160	Apr. 4	6,810
Unearned Service Revenue
		Apr. 30	810
Common Stock
		Apr. 1	12,500
Service Revenue
		Apr. 7	4,370
		Apr. 12	670
Salaries and Wages Expense
Apr. 15	930

                                                                                             

a.       Prepare in the order they occurred the journal entries that resulted in the amounts posted to the accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

b.      Prepare a trial balance at April 30, 2012.

 

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