Financial Accounting: E3-19 The following information pertains to York Rafting Company

Financial Accounting
E3-19 Posting Transactions
The following information pertains to York Rafting Company:
Jan 2. Issued common stock to investors for $25,000.
Jan 3. Bought $3,500 of supplies on account.
Jan 4. Paid rent for January in the amount of $1,200.
Jan 9. Billed a customer $7,000 for services provided.
Jan 16. Paid $1,500 cash to vendor for the January 3 purchase.
Jan 24. Borrowed $10,000 from local bank.
Jan 26. Received payment for billing made on January 9.

Required:
a. Post the journal entries to their appropriate T-accounts. If an amount box does not require an entry, leave it blank.
b. Prepare a trial balance at January 31. List the accounts in chart of accounts order. Enter all amounts as positive numbers.
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