Steven Jobe owns and manages a computer repair service, which had the following trial balance on Dec. 31, 2007(at the end of its fiscal year). Steven Jobe Trial Balance Dec.31, 2007 Account name Debit...

a-Journalize the above transactions. B-Journalize the adjusting entries. C-Modify the transaction in January 10; he paid $14000 instead of $15000 D-Balance sheet. F-Income Statement. G-Trail BalanceSteven Jobe owns and manages a computer repair service, which<br>had the following trial balance on Dec. 31, 2007(at the end of its<br>fiscal year).<br>Steven Jobe Trial Balance<br>Dec.31, 2007<br>Account name<br>Debit<br>Credit<br>Cash<br>8000<br>A/R<br>15000<br>Supplies<br>Parts Inventory<br>Prepaid rent<br>Equipment<br>A/P<br>9000<br>13000<br>3000<br>21000<br>19000<br>Саpital<br>Unearned<br>41000<br>9000<br>Revenue<br>Total<br>69000<br>69000<br>Summarized transactions for January 2008 were as follows:<br>Advertising cost paid in cash, $1,000 for C.B.S<br>Co.<br>Jan 1<br>Jan 3<br>Additional repair parts inventory acquired on<br>account, $3,000 from Smart System Co.<br>Jan 10<br>Cash paid to creditors on account, $15,000.(source<br>1)<br>Jan 22<br>Repair service performed during January: $14,000<br>for cash, $10,000 on account.<br>

Extracted text: Steven Jobe owns and manages a computer repair service, which had the following trial balance on Dec. 31, 2007(at the end of its fiscal year). Steven Jobe Trial Balance Dec.31, 2007 Account name Debit Credit Cash 8000 A/R 15000 Supplies Parts Inventory Prepaid rent Equipment A/P 9000 13000 3000 21000 19000 Саpital Unearned 41000 9000 Revenue Total 69000 69000 Summarized transactions for January 2008 were as follows: Advertising cost paid in cash, $1,000 for C.B.S Co. Jan 1 Jan 3 Additional repair parts inventory acquired on account, $3,000 from Smart System Co. Jan 10 Cash paid to creditors on account, $15,000.(source 1) Jan 22 Repair service performed during January: $14,000 for cash, $10,000 on account.

Jun 11, 2022
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