Peter's Mini Putt was opened on March 1 by Peter Palazzi. The following selected transactions occurred during

Question:

Peter's Mini Putt was opened on March 1 by Peter Palazzi. The following selected transactions occurred during March:

Mar. 1 Purchased golf balls and other supplies for $350 from Stevenson Supplies payable in 30 days.

5 Received a booking for a birthday party to be held the following week. The customer paid the mini golf fees of $200 in advance.

10 Provided the golf services for the birthday party.

15 Wages were paid to hourly workers. A total of $5,000 was paid out, with withholdings as follows: CPP $230, EI $94, and income tax $1,400.

30 Wrote a cheque to Stevenson Supplies for the $350 owing to settle the balance due.

Instruction

Journalize the transactions.

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Related Book For  book-img-for-question

Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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