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  3. geo inc had the following account balances on january 1...

Question: geo inc had the following account balances on january 1...

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Geo Inc. had the following account balances on January 1, Year 2 Accounts Payable Accounts Receivable Cash Common Stock Equipment Note Payable Retained Earnings Salaries and Wages Expense Supplies $ 713 1,800 1,800 15,000 2,100 3.400 3,911 4,300 1,060 Required Prepare journal entries for each of the following January activities, and post results to the relevant T- accounts. Compute the ending balance of each T-account. Beginning balances have been entered. (If no entry is required for a transactionlevent, select No Journal Entry Required in the first account field) A. Paid $713 on account for utilities that were used during December Year 1 B. Purchased $463 of supplies for cash. C. Signed a rental agreement for office space and paid $5.100 in advance for six months of rent beginning February 1, Year 2 D. Purchased $15.500 of new equipment, signing a promissory note. E. Provided $30,000 of services $20,000 was received in cash and $10,000 was provided on credit F. Paid workers $8,400 for work done in January View transaction list Journal entry worksheet Record the payment of $713 on account for Decembers utilities. Note: Enter debits before credits Transaction General Journal ebit re
Record the payment of $713 on account for Decembers utilities. Note: Enter debits before credits. Transaction General Journal Debit Credit A. Reoord entry Clear entry View general journal Cash 1,800 Accounts Receivable Beg Bal. Beg Bal 1,800 End Bal End. Ba
Beg. Bal 1,800 Beg. Bal. 1800 End. Bal End. Bal. Supplies Prepaid Rent Beg. Bal 1,060 Beg. Bal End. Bal. End. Bal Equipment 2.100 Accounts Payable 713 End. Bal End. Bal Notes Payable Common Stock Beg. Bal. 3.400 Beg. Ba 15.000 End. Bal End. Ba Retained Earnings Service Re Beg Bal
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