The Following Transactions Have Been Journalized and Posted to the Proper

question 161

Essay

The following transactions have been journalized and posted to the proper accounts.Prepare a trial balance at the end of the first month using the following details:
a)Received a $15,000 cash contribution from the owner.
b)Paid the first month's rent with $800 cash.
c)Purchased equipment by paying $4,000 cash and executing a note payable for $4,000.
d)Purchased office supplies for $200 cash.The supplies remain at the end of the month.
e)Billed clients for a total of $7,000 for design services rendered.
f)Received $1,000 cash from clients for services rendered above.

---

Definitions:

FireEye

A cybersecurity company known for providing various products and services aimed at stopping advanced cyber threats.

Security Software

Programs designed to protect computer systems and information from harm, theft, and unauthorized access.

Spam

Unwanted or unsolicited digital messages sent in bulk, often containing advertisements or scams, typically via email.

US Companies

Corporations or businesses that are registered, operate, or are headquartered in the United States.