Aline Taxi Service entered into the following transactions during September: Required: a Prepare journal entries to record
Question:
Aline Taxi Service entered into the following transactions during September:
Required:
a Prepare journal entries to record the preceding transactions.
b List the source documents normally used to record these transactions.
Transcribed Image Text:
Date 1 Sept. 15 23 29 30 30 Transaction Paid $550 rent on garage for the month of September. Cash receipts for taxi fares for the first half of the month totalled $1760. Paid $990 for September fuel bill from Wildcat Garage. P. L. Aline withdrew $400 for personal use. Paid salaries amounting to $1200 to employees including PAYG Tax Payable of $160. Cash receipts for taxi fares for the second half of the month totalled $1540.
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a Journal Entries for Aline Taxi Service September 1 Rent Expense 550 Cash 550 To record the payment ...View the full answer
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Related Book For
Accounting Information For Business Decisions
ISBN: 9780170253703
2nd Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
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