Business Homework Solutions
Problem
#272323

Principles of accounting: Edward Wilson transactions and trial balance.

The following transactions have been journalized and posted to the proper accounts as of June 30, 2007. Prepare a trial balance in good form.

a. Edward Wilson ivested $8,000 cash in his new landscaping business
b. Edward paid the first month's rent with $300
c. Edward purchased equipment by paying $2,000 down and executing a note
   payable for $3,000
d. Edward purchased supplies for $200 cash
e. Edward billed a client for $1,000 of design services completed
f.  Edward received $750 of the account for the completed services
g. Edward wrote a check to himself for $2,000 for person expenses

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