Question
1. Mrs. Helen Lee invested $80,000 cash to opening her Business. 2. Bought a computer on account $ 900. 3. Bought a Printer on account
1. Mrs. Helen Lee invested $80,000 cash to opening her Business.
2. Bought a computer on account $ 900.
3. Bought a Printer on account $ 120.
4. Paid the rent 2,000 cash
5. Bought Office Supplies$ 7,000, she paid $800 in cash and the due balance on account.
6. Bought Office furniture $ 5,000 cash.
7. Paid Advertisement 4,000 cash
8. Bought a computer on account, $ 700.
9. Bought Office supplies $ 300 on account.
10.Paid Cleaning $ 400 cash
11. Charged a fee to a Customer 6,000 to be received next month.
12.Got a loan from Chase bank $ 25,000
13.Bought Office supplies $ 400 cash
14.Paid salaries $ 5,000 cash.
15.Charged a fee to a Customer 9,000 to be received next month.
16.Bought Office Furniture $ 15,000, she paid $2,000 in cash and the due balance on account.
17.Bought a printer $ 100 cash.
18.Bought a Scanner on credit $ 60
19.Charged a fee to a Customer $12,000 cash.
20.Bought office furniture $ 1,000 on account.
21.Bought Additional Office furniture $ 6,000, she paid $ 3,000 cash and the due balance on account
22.Withdrew 2,000 for personal expenses.
23. Bought a computer $ 550 on credit
24. Bought Office Supplies $ 120 credit.
Adjustments:
-(a) Office supplies on hand, $500.
-(b) Depreciation of Equipment, $ 300
-(c) Depreciation of Furniture, $ 150
Required:
General Journal
General Ledger
Trial Balance
Income Statement
Balance Sheet
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