DATE DESCRIPTION Jan 1, 2017 Stated business with cash £ 10,000 Jan 5, 2017 Purchased goods...
|
DATE |
DESCRIPTION |
|
Jan 1, 2017 |
Stated business with cash £ 10,000 |
|
Jan 5, 2017 |
Purchased goods on credit from SMB Limited for £ 5,000 |
|
Jan 10, 2017 |
Paid in cash to SMB Limited and received 2% discount for the early payment |
|
Jan 15, 2017 |
Donated £ 500 as a charity in cash |
|
Jan 20, 2017 |
Purchase Office Equipment for £ 3,500 and paid in cash |
|
Jan 25, 2017 |
Goods with list price of £ 10,000 was sold at 5% trade discount on cash |
|
Jan 30, 2017 |
Paid Insurance premium for £ 500 |
|
Jan 30, 2017 |
Paid Office Rent £ 1,000 in cash |
|
Jan 31, 2017 |
Paid Salaries & Wages £ 3,000 in cash to the office staff |
|
Jan 31, 2017 |
Paid £ 250 for repair and maintenance of the building |
|
Jan 31, 2017 |
Purchase office supplies for £ 500 |
Required:
- Journal Entries for the above business transactions.
- Ledger Accounts
- Trial Balances for the month of Jan 2017
Homework Answers
Add Answer to:
DATE
DESCRIPTION
Jan 1, 2017
Stated business with cash £ 10,000
Jan 5, 2017
Purchased goods...
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How to write this General Journal?
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How to write this General Journal?
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weite out the journal entries for each transaction
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As
of Jan 1,2017.Mr.Jones decided to open a pizza restaurant in
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January,Pizza Hut entered into the following transactions
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