prepare a trial balance asap The following are the transactions of SsS Enterprise during the first quarter of its operations.TRANSAC TIONSsSS Enterprise invested $200,000 of cash into the business.Purchased a $10,000 12-month insurance policy.DATEJan. 1Jan. 2Purchased equipment for $15,000, paying $5,000 cash, and signing a note for theJan. 15differenceWages of $9,000 were paid toemployees.Purchased supplies for $1,200 onaccount.Received $12,000 in cash for services performed.SSS Enterprise withdrew $3,000 for personal use.Paid the outstanding balance for the January 15 purchase.Paid for supplies purchased on FebruaryJan. 30Feb. 4Feb. 20Feb. 25Feb. 28Mar-174.Performed services on account for $2,200.$20,000 was paid in wages toemployees.Received and paid March telephone bill, $200.Received payment for services provided on March 25.Billed a customer $600 for repairMar-25Mar-30Mar-31Mar-31Mar-31services.Mar-31Paid $150 for March advertising.

Trial balance in the shows summary of all general ledger account balances in the business.

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Business

Accounting

prepare a trial balance asap

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 10RE: On December 1 of the current year, Jordan Inc. assigns 125,000 of its accounts receivable to...

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