37) Post the following transactions to T-accounts.
DATE
|
ACCOUNT/DESCRIPTION
|
PR
|
DEBIT
|
CREDIT
|
1/9
|
Cash
|
|
33,000
|
|
|
Common Shares
|
|
|
33,000
|
|
|
|
|
|
2/14
|
Furniture
|
|
6,300
|
|
|
Accounts Payable
|
|
|
6,300
|
|
|
|
|
|
2/22
|
Prepaid Rent
|
|
4,500
|
|
|
Cash
|
|
|
4,500
|
|
|
|
|
|
3/9
|
Office Desks
|
|
5,300
|
|
|
Computers
|
|
9,000
|
|
|
Cash
|
|
|
14,300
|
|
|
|
|
|
3/19
|
Wages Expense
|
|
1,400
|
|
|
Wages Payable
|
|
|
1,400
|
|
|
|
|
|
Cash 101
|
Accounts Receivable 104
|
Prepaid Rent 107
|
Computers 109
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Inventory 110
|
Carpeting 114
|
Office Desks 119
|
Furniture 123
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Office Fixtures 144
|
Accounts Payable 204
|
Wages Payable 222
|
Common Shares 301
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wages Expense 511
|
Rent Expense 512
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
38) Fire Alarm Services completed the following transactions in the month of March.
Mar.1.Purchased fire monitoring equipment for $18,000 for cash.
2.Purchased response vehicle costing $25,000 for $4,500 cash and the remainder on account.
3.Purchased supplies on account for $800.
14.Paid $3,000 for a one-year insurance policy.
15.Received $2,000 cash for services performed.
16.Received $4,000 for services previously performed on account.
20.Paid wages to employees for $2,500.
28.Paid $500 in dividends to shareholders.
Requirements
Journalize each transaction and identify each transaction by date. Explanations not required.