P2-28A Analyzing and journalizing transactions, posting, and preparing a trial balance [40–50 min] Review the facts given in P2-27A.

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P2-28A Analyzing and journalizing transactions, posting, and preparing a trial balance [40–50 min] Review the facts given in P2-27A.

Requirements
1. Journalize each transaction of Showtime as shown for September 1. Explanations are not required.

::TABLE:::

2. Post the transactions to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal, as shown in the chapter.