Reference no: EM132461131
Question 1: Prepare a trial balance as of November 30
Step a) Mary invested $15,000 cash and a law library valued at $6,000
Step b) purchases $7,500 of office equipment from John Bronx on credit
Step c) completed legal work for a client and received 1,500 cash in full payment.
Step D) paid John Bronx $3,500 cash in partial settlement of the amount owed.
Step e) completed $4,000 of legal work for a client on credit.
Step f) Mary withdrew $2,000 cash for personal use.
Step g) received $2,500 cash as partial payment for the legal work completed for the client
Step h) paid $2,500 cash for the legal secretary's salary
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