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Haupt Consulting Trial Balance, accounting homework help
Start from the trial balnce and posted T-accounts that Haupt consulting prepared at December 18 as follows:
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Order Paper NowHaupt Consulting Trial Balance
December 2010
Debit Credit
Cash 8,100.
Accts. Receivable 1,700.
Supplies 300.
Equipment 2000.
Furniture 3,600
Accumulated depreciation furniture
Accts. Payable 3,900.
Car Haupt Capital 10,000
Carl Haupt Withdrawls
Service revenue 2,500.
Rent 500.
Utilities 200.
Salary expence
depacriation expense equip.
TOTAL 16,400. 16,400.
Later in December:
Dec 21:
Received $900.00 dollars in advance for client services to be performed evenly over the next 30 days.
Dec 21 Hired a secretary to be paid 1,500. dollars over the next 30 days.
Hired a secretary to be paid 1,500. on the 20th day of each month. The secretary begins work immediately.
Dec 26 Paid 300. on account
Dec 30 Owner withdrew $1,600.
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