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(Solved): Can someone help me with doing the ledger accounts and trial balance ACC 201 Accounting Data Appendi ...
Can someone help me with doing the ledger accounts and trial balance
ACC 201 Accounting Data Appendix The following events occurred in March: - March 1: Owner borrowed \( \$ 125,000 \) to fund/start the business. The loan term is 5 years. - March 1: Owner paid \( \$ 250 \) to the county for a business license. - March 2: Owner signed lease on office space; paying first (March 20XX) and last month's rent of \( \$ 950 \) per month. - March 5: Owner contributed office furniture valued at \( \$ 2,750 \) and cash in the amount of \( \$ 15,000 \) to the business. - March 6: Owner performed service for client in the amount of \( \$ 650 \). Customer paid in cash. - March 8: Owner purchased advertising services on account in the amount of \( \$ 500 \). - March 10: Owner provided services to client on account, in the amount of \( \$ 1,725 \). - March 15: Owner paid business insurance in the amount of \( \$ 750 \). - March 20: The owner received first utility bill in the amount of \( \$ 135 \), due in April. - March 20: office copier required maintenance; owner paid \( \$ 95.00 \) for copier servicing. - March 22: Owner withdrew 5500 cash for personal use. - March 25: Owner paid \$215 for office supplies. - March 25: Owner provided service to client in the amount of \$350. Client paid at time of service. - March 30: Owner paid balance due for advertising expense purchase on March 8 . - March 30: Received payment from customer for March 10 invoice in the amount of \( \$ 1,725 \). - March 31: Last day of pay period; owner owes part-time worker \( \$ 275 \) for the March 16 through March 31 pay period. This will be paid on April5. - March 31: Provided service for client on account in the amount of \( \$ 3,500 \). - March 31: Record depreciation of the office furniture at \$45.83.