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Finance 11 Online
OpenStudy (anonymous):

Exercise 3-3 Preparing a trial balance [LO3, LO4] Given below are the transactions of Amena Company: a. Ahmad Amena, owner, invested $12,250 cash in the business. b. Purchased office supplies for $355 cash. c. Purchased $6,774 of office equipment on credit. d. Received $1,446 cash as fees for services provided to a customer. e. Paid $6,774 cash to settle the payable for the office equipment purchased in transaction c. f. Billed a customer $2,597 as fees for services provided. g. Paid $525 cash for the monthly rent. h. Collected $1,091 cash toward the acc

OpenStudy (anonymous):

areceivable created in transaction f. i. Ahmad Amena withdrew $1,000 cash for personal use.

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