Exercise 3-12
The T accounts summarize the ledger of McGregor Gardening
Company, Inc. at the end of the first month of operations.
Cash
Apr. 1
12,500
Apr. 15
930
Apr. 12
670
Apr. 25
3,160
Apr. 29
520
Apr. 30
810
Accounts Receivable
Apr. 7
4,370
Apr. 29
520
Supplies
Apr. 4
6,810
Accounts Payable
Apr. 25
3,160
Apr. 4
6,810
Unearned Service Revenue
Apr. 30
810
Common Stock
Apr. 1
12,500
Service Revenue
Apr. 7
4,370
Apr. 12
670
Salaries and Wages Expense
Apr. 15
930
Prepare in the order they occurred the journal entries that
resulted in the amounts posted to the accounts. (Credit
account titles are automatically indented when amount is entered.
Do not indent manually.)
Prepare a trial balance at April 30, 2012.