bob sample opened the campus laundromat on september 1, 2008. during the first month of operation, the following occurred.
sept 1. invested $20,000 cash in business.
sept 2. paid $1,000 cash for store rent for september.
sept 3. purchased washers and dryers for $25,000, paying $ 10,000 in cash and signing a $15,000, 6-month, 12% note payable.
sept 4. paid $1,200 for one year accident insurance policy.
sept 10. reveived a bill from the daily news for advertising the opening of laundromat.
sept 20. withdrew $700 cash for pesonal use
sept 30. determined that cash receipts for laundry services for the month were $6,200.
instructions:
a) journalize the september transactions.
b) open ledger accounts and post the september transactions.
c) prepare a trial balance at sept 30, 2008.