aylor’s transactions for November are as follows: Nov. 1 Paid rent, $300. 2 Purchased tailoring supplies on account, $150. 3 Purchased a new button hole machine on account, $300. 5 Earned first week’s revenue, $400: $100 in cash and $300 on account. 8 Paid for newspaper advertising, $13. 9 Paid phone bill, $28. 10 Paid electric bill, $21. 11 Received cash on account from customers, $200. 12 Earned second week’s revenue, $450: $200 in cash and $250 on account. 15 Paid assistant, $400. 16 Made payment on account, $100. 17 Paid for magazine subscription (miscellaneous expense), $12. 19 Earned third week’s revenue, $450: $300 in cash, $150 on account. 23 Received cash on account from customers, $300. 24 Paid for newspaper advertising, $13. 26 Paid for postage (miscellaneous expense), $12. 27 Earned fourth week’s revenue, $600: $200 in cash and $400 on account. 30 Received cash on account from customers, $400. Required: 1. General ledger accounts and balances as of November 1, 20-- are provided. 2. Journalize the transactions for November in a two-column general journal. Use the following journal page numbers: November 1–11, page 7; November 12–24, page 8; November 26–30, page 9. 3. Post the entries to the general ledger. 4. Prepare a trial balance.

aylor’s transactions for November are as follows: Nov. 1 Paid rent, $300. 2 Purchased tailoring supplies on account, $150. 3 Purchased a new button hole machine on account, $300. 5 Earned first week’s...

aylor’s transactions for November are as follows:

Required:

Jun 10, 2022