Problem 2-1 B

Part 1
Sept 1 Cash
Office Equipment
Rhonda Lummus, Capital

28,000
25,000
53,000

2 Prepaid Rent
Cash

10,500

4 Office Equipment
Office Supplies
Accounts Payable

9,000
1,200

2,600

Cash

10,500

10,200

Services Revenue

2,600

12 Accounts Receivable
Services Revenue

13,400

13

10,200

Accounts Payable
Cash

13,400
10,200

19 Prepaid Insurance
Cash

5,200

22 Cash

7,800

5,200

Accounts Receivable
24

7,800

Account Receivable
Services Revenue

1,900

Lummus withdrawals
Cash

5,300

29 Office Supplies
Accounts Payable

1,700

30 Utilities Expense
Cash

460

28

1,900
5,300
1,700
460

Problem 2-1 B
Part 2
Cash
1/9 28,000
8/9 2,600
22/9 7,800

Office Equipment

2/9
10,500
13/9 10,200
19/9 5,200
28/9 5,300
30/9 460

1/9
4/9

Bal. 6,740

Bal. 34,000

Office Supplies
4/9
29/9

25,000
9.000

Prepaid Rent

1,200
1,700

2/9

10,500

Bal. 2,900

Bal. 10,500

Prepaid Insurance

Accounts Receivable

19/9

5,200

12/9
24/9

13,400
1,900

22/9

7,800

Bal. 5,200
Bal. 7,500
Accounts Payable
13/9

10,200 4/9
29/9

10,200
1,700

Bal. 1,700
Lummus, Withdrawals
28/9
Bal.

5,300
5,300

Utilities Expense
30/9

460

Bal.

460

Lummus, capital
1/9

53,000

Bal. 53,000
Services Revenue
12/9
24/9
8/9
Bal.

13,400
1,900
2,600
17,900

Problem 2-1 B
Part 3
Rhonda Lummus
Trial Balance
September 30
Debt
Cash
Accounts Receivable
Office Supplies
Prepaid Rent
Prepaid Insurance
Office Equipment
Accounts Payable
Lummus, Capital
Lummus, Withdrawals
Services Revenue
Utilities Expense
Total

Credit

6,740
7,500
2,900
10,500
5,200
34,000
1,700
53,000
5,300
17,900
460
$

72,600

72,600