Roshaun Gould started a Web consulting firm called Gould

Solutio
Roshaun Gould started a Web consulting firm called Gould Solutions. He began operations and
completed seven transactions in April that resulted in the following accounts, which all have
normal balances.Cash . . . . . . . . . . . . . . . . . . . . . $46,518Office supplies . . . . . . . . . . . . . . . .
850Prepaid rent . . . . . . . . . . . . . . . . . 4,700Office equipment . . . . . . . . . . . . 11,300Accounts
payable . . . . . . . . . . . . 11,300Common stock . . . . . . . . . . . . . . 22,500Dividends . . . . . . . . . . . .
. . . . . . . 4,172Consulting fees earned . . . . . . . . 43,000Operating expenses . . . . . . . . . . . .
9,260Required1. Prepare a trial balance for this business as of the end of April.Analysis
Component2. Analyze the accounts and their balances and prepare a list that describes each of
the seven most likely transactions and their amounts.3. Prepare a report of cash received and
cash paid showing how the seven transactions in part 2 yield the $46,518 ending Cash
balance.View Solution:
Roshaun Gould started a Web consulting firm called Gould Solutio
SOLUTION-- http://expertanswer.online/downloads/roshaun-gould-started-a-web-consulting-firm-
called-gould-solutio/

See Answer here expertanswer.online

Powered by TCPDF (www.tcpdf.org)