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ACC 557 Week 2 Chapter 2 (E2-6, E2-9, E2-11, P2-2A)

E2-6 : Elvira Industries had the following transactions.
a) Indicate what accounts are increased and decreased by each
transaction............
b)

Journalize each transaction.............

E2-9 : Selected transaction from the journal of Robert Mendez,
investment broker, are presented below:
a)

Post transactions to T accounts............

b)

Prepare a trial balance at August 31, 2014............

E2-11 : Presented below is the ledger for sparks Co. ............
a) Reproduce the journal entries for the transactions that occurred
on October............
b) Determine the October 31 balance for each of the accounts
above............
P2-2A : Kara shin is a licensed CPA. During the first month of
operations of her business, Kara Shin, Inc., the following events and
transaction occurred.
a)

Journalize the transactions............