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The Following Transactions Have Been Journalized and Posted to the Proper

question 135

Essay

The following transactions have been journalized and posted to the proper accounts. Prepare a trial balance in good form.
a. Edward Wilson invested $8,000 cash in his new landscaping business.
b. The business paid the first month's rent with $300 cash.
c. The business purchased equipment by paying $2,000 cash and executing a note payable for $3,000.
d. The business purchased supplies for $200 cash.
e. The business billed clients for a total of $1,000 for design services rendered.
f. The business received $750 cash from clients for services rendered above.
g. The owner took a withdrawal of $2,000.
The following transactions have been journalized and posted to the proper accounts. Prepare a trial balance in good form. a. Edward Wilson invested $8,000 cash in his new landscaping business. b. The business paid the first month's rent with $300 cash. c. The business purchased equipment by paying $2,000 cash and executing a note payable for $3,000. d. The business purchased supplies for $200 cash. e. The business billed clients for a total of $1,000 for design services rendered. f. The business received $750 cash from clients for services rendered above. g. The owner took a withdrawal of $2,000.

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Definitions:

Surgical Puncture

A medical procedure that involves piercing the skin or body tissues with a needle, usually to drain fluid or for diagnostic purposes.

Necrosis

The death of cells or tissues in the body due to disease, injury, or lack of blood supply.

Root

The part of a plant that typically lies below the surface of the soil and absorbs water and nutrients.

Prefix

A group of letters added to the beginning of a word to modify its meaning.

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