(Solution) - In July the following transactions occurred for Andy s Fitness Training -(2025 Original AI-Free Solution)
Paper Details
In July, the following transactions occurred for Andy?s Fitness Training Studio of Sydney:
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a. The ledger is already set up for you based on the Chart of Accounts.
b. Journalize (all page 1) and post the July transactions.
c. Prepare a trial balance as of July 31, 2014.
Chart of accounts includes: Cash, 111; Accounts Receivable, 112; Prepaid Rent, 114; Supplies, 121; Equipment, 131; Accounts Payable, 211; Andy James, Capital, 311; Andy James, Withdrawals, 321; Fees Earned, 411; Advertising Expense, 511; Electrical Expense, 515; Salaries Expense, 521; Telephone Expense, 531.