Reproduce the journal entries for only the transactions

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Reference no: EM13532902

Here is the ledger for Stampfer Co.


Cash





Common Stock



Oct.

1

7,000

Oct.

4

400

Oct.

1

7,000


10

980


12

1,500


25

2,000


10

8,000


15

250





20

700


30

300





25

2,000


31

500





Accounts Receivable





Dividends



Oct.

6

800

Oct.

20

700

Oct.

30

300


20

920








Supplies





Service Revenue



Oct.

4

400

Oct.

31

180

Oct.

6

800








10

980








20

920


Equipment





Salaries and Wages Expense



Oct.

3

3000

Oct.

31

500














Notes Payable





Supplies Expense






Oct.

10

8000

Oct.

31

180


Accounts Payable





Rent Expense



Oct.

12

1500

Oct.

3

3000

Oct.

15

250

Instructions

(a) Reproduce the journal entries for only the transactions that occurred on October 1,10and 20, and provide explanations for each.

(b) Prepare a trial balance at October 31, 2012. (Hint:Compute ending balances of T accounts first.)

Reference no: EM13532902

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