Before you begin, print out all the pages in this workbook.
The following balances appeared in the general ledger accounts of Fenton Table Rentals Corporation at April 1, 2019.
April 1 balances: Debit Credit
Cash 5,000
Accounts receivable 5,000
Prepaid rent 200
Unused supplies 500
Accounts payable 4,000
Common stock 6,700
Required:
1 Prepare journal entries to record the April transactions shown on the -Transactions- page (see tab below). Include general ledger account numbers.
2 Post the transactions to the T- accounts.
3 Prepare a trial balance at April 30, 2019.
4 Prepare an interim income statement and statement of changes in equity for the month ended April 30, 2019 and interim balance sheet at April 30, 2019.