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

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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 $550 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 $120 in advance. 

12 Provided the golf services for the birthday party. 

17 Wages were paid to hourly workers. A total of $5,000 was earned, with withholdings as follows: CPP $272.50, EI $79, and income tax $1,400. 

30 Wrote a cheque to Stevenson Supplies for the $550 owing to settle the balance due. 


Instructions 

Journalize the transactions.

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Related Book For  book-img-for-question

Accounting Principles Volume 2

ISBN: 9781119786634

9th Canadian Edition

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

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