52) Based on the following transactions that occurred during 2014, prepare a trial balance dated December 31, 2014, for Wellman Water Services
a) Randy Wellman invested $13,000 cash in the business.
b) Purchased $500 of supplies on account.
c) Bought equipment on account, $5,000.
d) Performed $6,000 of services on account.
e) Performed $3,000 of services for cash.
f) Paid $3,000 on equipment purchased in transaction c.
g) Paid salaries to employees for the current period, $2,500.
53) Journalize the following transactions for Redmond Storage and prepare a trial balance dated June 30, 2014.
a) Owner, Roger Redmond invested $10,000 cash into the business.
b) Rented an office and paid one month's rent, $1,100.
c) Purchased $450 of supplies on account.
d) Performed a service on account, $1,550.
e) Paid $2,500 cash for office furniture.
f) Owner, Roger Redmond withdrew $1,700 cash for personal use.
g) Collected $1,200 on account.