Question - Journal, Ledger, and Trial Balance
Robert Kapela owned and managed a franchise of Ithaca Espresso, Incorporated. The company's balance sheet accounts had the following balances on September 1, 20X0, the beginning of a fiscal year:
1. Enter the September 1 balances in T-accounts in a general ledger.
2. Prepare journal entries for each transaction.
3. Post the journal entries to the ledger. Key your postings by transaction letter.