Mind Readers Psychic Service, Trial Balance June 30, 2018 Account Title Debit Credit 7,000 3,000 3,000 5,000 Cash Accounts Receivable Office Supplies(Asset) Office Equipment Bank Loan Payable Accounts Payable Common Stock Fees Earned (Revenue) Rent Expense Salaries Expense Supplies Expense Utilities Expense 5,000 1,000 10,000 7,000 600 2,500 1,200 700 3,000 23,000 List of activities that occurred during the month of July 2018, use the T-accounts below to journalize the transactions: 1) Office Equipment depreciated by $500 in the month of July 2) Received SÄ°,GO to perform a “ind reading for Jusefina Martinez Ã®n August 2016 3) Mrs. Smith contracted us to communicate with her deceased doggie “Juancho” for $500. She told Juancho that she loved him very much and told us that she will pay us in September even though we already performed the service. 4) Paid for a whole year of Insurance for $1,200 ($100 a month). The terms of the contract are from July 1st 2018 to June 30th 2018. (Hint-this requires 2 Journal entries…1 for the year, and i for the month of July). 5) Received $800 for a home purification – expelled evil spirits from the home of Mr. Sanchez…evil spirits that were left by his ex-wif as a curse…the procedure was performed in July and the cash was received at the time of the procedure. Ex-wife curses are extremely dangerous. 6) Bought a palm reading card set from “La Casa de los Trucos” for $100 on account 7) Received $300 for a palm reading performed in May 2018. 8) Paid rent of $600
Struggling with your classes?
We can take your online class, write your essays do your homework,
take your quizzes, and do discussion boards for you.
Our prices are relatively friendly and we guarantee grade A or B in your online class.
All our services are secure, private and confidential. Chat with us Today to Learn More.