All Ten Transactions for Bexon Consulting for August 2021, the First

question 97

Essay

All ten transactions for Bexon Consulting for August 2021, the first month of operation, are recorded in the following T accounts: $$\begin{array}{l}\text { Cash }\\\begin{array} { l | l r } \hline (1) 20,000 & (3) 4,500 \\(7) 6,800& (5) 5,000\\(9) 1,800&(6) 2,500\\(10) 1,500&(8) 3,000\\\end{array}\end{array}$$ $$\begin{array}{l}\text {Blake Bexon, Capital }\\\begin{array} { l | l r } \hline&(1) 20,000 \\&\end{array}\end{array}$$ $$\begin{array}{l}\text {Accounts Receivable }\\\begin{array} { l | l r } \hline(4) 3,500&(9) 1,800 \\&\end{array}\end{array}$$ $$\begin{array}{l}\text {Blake Bexon, Withdrawals }\\\begin{array} { l | l r } \hline(8) 3,000& \\&\end{array}\end{array}$$ $$\begin{array}{l}\text {Supplies }\\\begin{array} { l | l r } \hline((3) 4,500& \\&\end{array}\end{array}$$ $$\begin{array}{l}\text {Fees Earned}\\\begin{array} { l | l r } \hline&(4) 3,500 \\&(7) 6,800\\&(10) 1,500\\\end{array}\end{array}$$ $$\begin{array}{l}\text {Equipment }\\\begin{array} { l | l r } \hline(2) 18,500& \\&\end{array}\end{array}$$ $$\begin{array}{l}\text {Operating Expense }\\\begin{array} { l | l r } \hline(6) 2,500& \\&\end{array}\end{array}$$ $$\begin{array}{l}\text {Accounts Payable }\\\begin{array} { l | l r } \hline(5) 5,000&(2) 18,500 \\&\end{array}\end{array}$$ Prepare a trial balance, listing the accounts and their balance in proper order.