a. journal entries
b. financial statements
please check the last ones because last photos are clear and i need statement of income, statement of financial position and statement of retained earnings.
The you are doing the conting for Mileres 2 ofertat e Re Analyse the following events propical entry that isted 1) Jan 12.000 sa isa o distance. The child puid 30 pre 2. Pe 57.70 of cand o lundill torrent Rent was for the mode 2001 1) Jan 2-Received a bank loan of 20000 CHIC 4. Pisto.cfcal phase future for the went Pad70,000fcb puncte de Sothers n- 152/00 to rent matchen equipment for the restaurant for the WasicodS1500 for being by Media Ine. The digital vertising will take place over the 1 lan 7. sed 8.00 oferum Syed In The purchase ih Milli Bora the fedeltime is the Mapier se borile drinks with - Over the method the following food and drink. All come related to the sales was receivel Business Administration 285 Assignment Fall 2021 101.79.300 of catch eSynce Foods Inc. 10251/00 in cash for was to pay 12) Jan 2. Ped 31/00 of the 31.300 i od sram Media Ime 13. Pa 2.000 af hide vis dividende - Mitulo fuftente tout. These items can be purchase from Mai 15F ! - Mike warned to get inefrin open on the paid Moh CHE Feb 2021 w2021 A 2021 May 2021 2021 2021 Aug 2023 Sep 2021 Oct 2000 New 2021 Dec 2001 400 400 400 400 400 400 400 400 400 400 400 Teal The basic you are doing the counting for leurs rest 2 ore Amlynot following events propical entry that isted 1) Jan 1-2.000 siste dift. The com paid 5.30 pre 2.2. Pas 57.280 el canh to landline firem. Rent was for the mountain 2001 >> Jan 2-Received a bank loan of 50.000 CHC. - Paid 10.000 of cash punch mit for the water -Pad 70,000 of cash te puncte de ce for the rest - Pad2/cote rentima che quest for the restaurant for the Wind 1.500 for bbylan Media Ine. The digal vertising will take place the 131 Bland 18.00 oferum Syed In Themen Puhdfw Milad Brahe Bedtime in the Miller she bendrinks 23 -Over the whold the following food and drink Alla related to the sales was received Business Administration 2 Assignment Fall 2021 1012ad579.500 of cash te Syncie Fordele 10.2.11/00 in cahorro empty 12) Jan 2. Ped 31/00 of the 31.300 words Instagram Medialne 13.Pad 2,000 findes i did 1911 Mills of gifted The game can be purchase of Me 15Ft Mike warned se get in fe ipe On Fahey paid 54.400 force that covers the following CHE Feb 2021 2021 A 9021 May 2021 A 2021 2021 Aug 2021 Sep 2020 Oct 2011 Nov 2021 Dec 2001 400 400 400 400 400 400 400 400 400 400 400 Total 4100 Events: The business you are doing the accounting for is Milu Inc. (Milu)". Milu is a restaurant located in Regina Analyze the following events and prepare any applicable journal entry that is required: 1) Jan 1 - Issued 2,000 shares in total to 2 different shareholders. The shareholders paid S20 per share 2) Jan 2- Paid S7,000 of cash to a landlord for rent. Rent was for the month of Jan 2021. 3) Jan 2-Received a bank loan of $50,000 from CIBC. 4) Jan 3 - Paid $10,000 of cash to purchase furniture for the restaurant. 5) Jan 3 - Paid $30,000 of cash to purchase kitchen equipment for the restaurant. 6) Jan 3 - Paid $2,000 to rent additional kitchen equipment for the restaurant for the month of Jan 2021. 7) Jan 4 - Was invoiced $1.500 for advertising by Instagram Media Inc. This digital advertising will take place over the month of Jan 2021. 8) Jan 7 - Purchased $18,000 of inventory from Sysco Foods Inc. The inventory purchased was as follows: Type Inventory Purchased Units Cost per Unit (Units Bottles) Total 5) 5.000 1.000 Food - Sides Food Meat Bottled Drinks Total 315.000 5 5000 1.000 21 000 Mili paid for all the food on account (at a time in the future). Mili paid for all the bottle drinks with cash. 9) Jan 8 to 28 - Over the month Milu sold the following food and drink. All cash related to these sales was received. Type Selling Prices Units Sold Selling Price Units / Bottles) 3) Total Food - Sides Food - Meat Bottled Drinks 4,000 950 900 7 12 4 28.000 11.400 3.600 Total 23 43.000 2 10) Jan 29 - Paid $19,500 of cash to Sysco Foods Inc. 11) Jan 29 - Paid $11,000 in cash for wages to its employees. 12) Jan 29 - Paid $1,000 of the $1,500 it owed to Instagram Media Inc. 13) Jan 30 - Paid $2,000 of cash to its shareholders via dividends. 14) Feb 1 - Milu sold $500 of giftcards to customer. These giftcards can be used to purchase food from Milu. 15) Feb 1 - Milu wanted to get insurance for its operations. On Feb 1 they paid $4,400 for insurance that covers the following months: Month Cost (5) Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 400 400 400 400 400 400 400 400 400 400 400 Total 4,400 NOTE: Only do the entries for the dates given above. Do not create statements for Year-End Dec 31, 2021... instead you are creating them for the period ending Feb 1, 2021. Events: The business you are doing the accounting for is Milu Inc. (Milu)". Milu is a restaurant located in Regina Analyze the following events and prepare any applicable journal entry that is required: 1) Jan 1 - Issued 2,000 shares in total to 2 different shareholders. The shareholders paid S20 per share 2) Jan 2- Paid S7,000 of cash to a landlord for rent. Rent was for the month of Jan 2021. 3) Jan 2-Received a bank loan of $50,000 from CIBC. 4) Jan 3 - Paid $10,000 of cash to purchase furniture for the restaurant. 5) Jan 3 - Paid $30,000 of cash to purchase kitchen equipment for the restaurant. 6) Jan 3 - Paid $2,000 to rent additional kitchen equipment for the restaurant for the month of Jan 2021. 7) Jan 4 - Was invoiced $1.500 for advertising by Instagram Media Inc. This digital advertising will take place over the month of Jan 2021. 8) Jan 7 - Purchased $18,000 of inventory from Sysco Foods Inc. The inventory purchased was as follows: Type Inventory Purchased Units Cost per Unit (Units Bottles) Total 5) 5.000 1.000 Food - Sides Food Meat Bottled Drinks Total 315.000 5 5000 1.000 21 000 Mili paid for all the food on account (at a time in the future). Mili paid for all the bottle drinks with cash. 9) Jan 8 to 28 - Over the month Milu sold the following food and drink. All cash related to these sales was received. Type Selling Prices Units Sold Selling Price Units / Bottles) 3) Total Food - Sides Food - Meat Bottled Drinks 4,000 950 900 7 12 4 28.000 11.400 3.600 Total 23 43.000 2 10) Jan 29 - Paid $19,500 of cash to Sysco Foods Inc. 11) Jan 29 - Paid $11,000 in cash for wages to its employees. 12) Jan 29 - Paid $1,000 of the $1,500 it owed to Instagram Media Inc. 13) Jan 30 - Paid $2,000 of cash to its shareholders via dividends. 14) Feb 1 - Milu sold $500 of giftcards to customer. These giftcards can be used to purchase food from Milu. 15) Feb 1 - Milu wanted to get insurance for its operations. On Feb 1 they paid $4,400 for insurance that covers the following months: Month Cost (5) Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 400 400 400 400 400 400 400 400 400 400 400 Total 4,400 NOTE: Only do the entries for the dates given above. Do not create statements for Year-End Dec 31, 2021....instead you are creating them for the period ending Feb 1, 2021. Events: The business you are doing the accounting for is "Milu Inc. (Milu)". Milu is a restaurant located in Regina Analyze the following events and prepare any applicable journal entry that is required: 1) Jan 1 - Issued 2,000 shares in total to 2 different shareholders. The shareholders paid $20 per share. 2) Jan 2 - Paid $7,000 of cash to a landlord for rent. Rent was for the month of Jan 2021. 3) Jan 2- Received a bank loan of S50,000 from CIBC. 4) Jan 3 - Paid $10,000 of cash to purchase furniture for the restaurant. 5) Jan 3 - Paid $30,000 of cash to purchase kitchen equipment for the restaurant. 6) Jan 3 - Paid $2,000 to rent additional kitchen equipment for the restaurant for the month of Jan 2021. 7) Jan 4 - Was invoiced $1,500 for advertising by Instagram Media Inc. This digital advertising will take place over the month of Jan 2021. 8) Jan 7 - Purchased $18,000 of inventory from Sysco Foods Inc. The inventory purchased was as follows: Type Inventory Purchased Units Cost per Unt Total (Units Bottles) Food-Sides Food - Meat Bottled Drinks 5.000 1000 1.000 315.000 55.000 1 1.000 Total 21000 Mili paid for all the food on account (at a time in the future). Mili paid for all the bottle drinks with cash. 9) Jan 8 to 28 - Over the month Milu sold the following food and drink. All cash related to these sales was received. Type Selling Prices Units Sold Selling Price (Units Bottles) Total Food Sides Food - Meat Bottled Drinks 4,000 950 900 7 12 4 28.000 11.400 3.800 Total 43 000 10) Jan 29 - Paid $19,500 of cash to Sysco Foods Inc. 11) Jan 29 - Paid $11,000 in cash for wages to its employees. 12) Jan 29 - Paid $1,000 of the $1,500 it owed to Instagram Media Inc. 13) Jan 30 - Paid $2,000 of cash to its shareholders via dividends. 14) Feb 1 - Milu sold $500 of giftcards to customer. These giftcards can be used to purchase food from Milu. 15) Feb 1 - Milu wanted to get insurance for its operations. On Feb 1 they paid $4,400 for insurance that covers the following months: Month Cost (5) Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 400 400 400 400 400 400 400 400 400 400 400 Total 4,400 NOTE: Only do the entries for the dates given above. Do not create statements for Year-End Dec 31, 2021....instead you are creating them for the period ending Feb 1, 2021. The you are doing the conting for Mileres 2 ofertat e Re Analyse the following events propical entry that isted 1) Jan 12.000 sa isa o distance. The child puid 30 pre 2. Pe 57.70 of cand o lundill torrent Rent was for the mode 2001 1) Jan 2-Received a bank loan of 20000 CHIC 4. Pisto.cfcal phase future for the went Pad70,000fcb puncte de Sothers n- 152/00 to rent matchen equipment for the restaurant for the WasicodS1500 for being by Media Ine. The digital vertising will take place over the 1 lan 7. sed 8.00 oferum Syed In The purchase ih Milli Bora the fedeltime is the Mapier se borile drinks with - Over the method the following food and drink. All come related to the sales was receivel Business Administration 285 Assignment Fall 2021 101.79.300 of catch eSynce Foods Inc. 10251/00 in cash for was to pay 12) Jan 2. Ped 31/00 of the 31.300 i od sram Media Ime 13. Pa 2.000 af hide vis dividende - Mitulo fuftente tout. These items can be purchase from Mai 15F ! - Mike warned to get inefrin open on the paid Moh CHE Feb 2021 w2021 A 2021 May 2021 2021 2021 Aug 2023 Sep 2021 Oct 2000 New 2021 Dec 2001 400 400 400 400 400 400 400 400 400 400 400 Teal The basic you are doing the counting for leurs rest 2 ore Amlynot following events propical entry that isted 1) Jan 1-2.000 siste dift. The com paid 5.30 pre 2.2. Pas 57.280 el canh to landline firem. Rent was for the mountain 2001 >> Jan 2-Received a bank loan of 50.000 CHC. - Paid 10.000 of cash punch mit for the water -Pad 70,000 of cash te puncte de ce for the rest - Pad2/cote rentima che quest for the restaurant for the Wind 1.500 for bbylan Media Ine. The digal vertising will take place the 131 Bland 18.00 oferum Syed In Themen Puhdfw Milad Brahe Bedtime in the Miller she bendrinks 23 -Over the whold the following food and drink Alla related to the sales was received Business Administration 2 Assignment Fall 2021 1012ad579.500 of cash te Syncie Fordele 10.2.11/00 in cahorro empty 12) Jan 2. Ped 31/00 of the 31.300 words Instagram Medialne 13.Pad 2,000 findes i did 1911 Mills of gifted The game can be purchase of Me 15Ft Mike warned se get in fe ipe On Fahey paid 54.400 force that covers the following CHE Feb 2021 2021 A 9021 May 2021 A 2021 2021 Aug 2021 Sep 2020 Oct 2011 Nov 2021 Dec 2001 400 400 400 400 400 400 400 400 400 400 400 Total 4100 Events: The business you are doing the accounting for is Milu Inc. (Milu)". Milu is a restaurant located in Regina Analyze the following events and prepare any applicable journal entry that is required: 1) Jan 1 - Issued 2,000 shares in total to 2 different shareholders. The shareholders paid S20 per share 2) Jan 2- Paid S7,000 of cash to a landlord for rent. Rent was for the month of Jan 2021. 3) Jan 2-Received a bank loan of $50,000 from CIBC. 4) Jan 3 - Paid $10,000 of cash to purchase furniture for the restaurant. 5) Jan 3 - Paid $30,000 of cash to purchase kitchen equipment for the restaurant. 6) Jan 3 - Paid $2,000 to rent additional kitchen equipment for the restaurant for the month of Jan 2021. 7) Jan 4 - Was invoiced $1.500 for advertising by Instagram Media Inc. This digital advertising will take place over the month of Jan 2021. 8) Jan 7 - Purchased $18,000 of inventory from Sysco Foods Inc. The inventory purchased was as follows: Type Inventory Purchased Units Cost per Unit (Units Bottles) Total 5) 5.000 1.000 Food - Sides Food Meat Bottled Drinks Total 315.000 5 5000 1.000 21 000 Mili paid for all the food on account (at a time in the future). Mili paid for all the bottle drinks with cash. 9) Jan 8 to 28 - Over the month Milu sold the following food and drink. All cash related to these sales was received. Type Selling Prices Units Sold Selling Price Units / Bottles) 3) Total Food - Sides Food - Meat Bottled Drinks 4,000 950 900 7 12 4 28.000 11.400 3.600 Total 23 43.000 2 10) Jan 29 - Paid $19,500 of cash to Sysco Foods Inc. 11) Jan 29 - Paid $11,000 in cash for wages to its employees. 12) Jan 29 - Paid $1,000 of the $1,500 it owed to Instagram Media Inc. 13) Jan 30 - Paid $2,000 of cash to its shareholders via dividends. 14) Feb 1 - Milu sold $500 of giftcards to customer. These giftcards can be used to purchase food from Milu. 15) Feb 1 - Milu wanted to get insurance for its operations. On Feb 1 they paid $4,400 for insurance that covers the following months: Month Cost (5) Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 400 400 400 400 400 400 400 400 400 400 400 Total 4,400 NOTE: Only do the entries for the dates given above. Do not create statements for Year-End Dec 31, 2021... instead you are creating them for the period ending Feb 1, 2021. Events: The business you are doing the accounting for is Milu Inc. (Milu)". Milu is a restaurant located in Regina Analyze the following events and prepare any applicable journal entry that is required: 1) Jan 1 - Issued 2,000 shares in total to 2 different shareholders. The shareholders paid S20 per share 2) Jan 2- Paid S7,000 of cash to a landlord for rent. Rent was for the month of Jan 2021. 3) Jan 2-Received a bank loan of $50,000 from CIBC. 4) Jan 3 - Paid $10,000 of cash to purchase furniture for the restaurant. 5) Jan 3 - Paid $30,000 of cash to purchase kitchen equipment for the restaurant. 6) Jan 3 - Paid $2,000 to rent additional kitchen equipment for the restaurant for the month of Jan 2021. 7) Jan 4 - Was invoiced $1.500 for advertising by Instagram Media Inc. This digital advertising will take place over the month of Jan 2021. 8) Jan 7 - Purchased $18,000 of inventory from Sysco Foods Inc. The inventory purchased was as follows: Type Inventory Purchased Units Cost per Unit (Units Bottles) Total 5) 5.000 1.000 Food - Sides Food Meat Bottled Drinks Total 315.000 5 5000 1.000 21 000 Mili paid for all the food on account (at a time in the future). Mili paid for all the bottle drinks with cash. 9) Jan 8 to 28 - Over the month Milu sold the following food and drink. All cash related to these sales was received. Type Selling Prices Units Sold Selling Price Units / Bottles) 3) Total Food - Sides Food - Meat Bottled Drinks 4,000 950 900 7 12 4 28.000 11.400 3.600 Total 23 43.000 2 10) Jan 29 - Paid $19,500 of cash to Sysco Foods Inc. 11) Jan 29 - Paid $11,000 in cash for wages to its employees. 12) Jan 29 - Paid $1,000 of the $1,500 it owed to Instagram Media Inc. 13) Jan 30 - Paid $2,000 of cash to its shareholders via dividends. 14) Feb 1 - Milu sold $500 of giftcards to customer. These giftcards can be used to purchase food from Milu. 15) Feb 1 - Milu wanted to get insurance for its operations. On Feb 1 they paid $4,400 for insurance that covers the following months: Month Cost (5) Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 400 400 400 400 400 400 400 400 400 400 400 Total 4,400 NOTE: Only do the entries for the dates given above. Do not create statements for Year-End Dec 31, 2021....instead you are creating them for the period ending Feb 1, 2021. Events: The business you are doing the accounting for is "Milu Inc. (Milu)". Milu is a restaurant located in Regina Analyze the following events and prepare any applicable journal entry that is required: 1) Jan 1 - Issued 2,000 shares in total to 2 different shareholders. The shareholders paid $20 per share. 2) Jan 2 - Paid $7,000 of cash to a landlord for rent. Rent was for the month of Jan 2021. 3) Jan 2- Received a bank loan of S50,000 from CIBC. 4) Jan 3 - Paid $10,000 of cash to purchase furniture for the restaurant. 5) Jan 3 - Paid $30,000 of cash to purchase kitchen equipment for the restaurant. 6) Jan 3 - Paid $2,000 to rent additional kitchen equipment for the restaurant for the month of Jan 2021. 7) Jan 4 - Was invoiced $1,500 for advertising by Instagram Media Inc. This digital advertising will take place over the month of Jan 2021. 8) Jan 7 - Purchased $18,000 of inventory from Sysco Foods Inc. The inventory purchased was as follows: Type Inventory Purchased Units Cost per Unt Total (Units Bottles) Food-Sides Food - Meat Bottled Drinks 5.000 1000 1.000 315.000 55.000 1 1.000 Total 21000 Mili paid for all the food on account (at a time in the future). Mili paid for all the bottle drinks with cash. 9) Jan 8 to 28 - Over the month Milu sold the following food and drink. All cash related to these sales was received. Type Selling Prices Units Sold Selling Price (Units Bottles) Total Food Sides Food - Meat Bottled Drinks 4,000 950 900 7 12 4 28.000 11.400 3.800 Total 43 000 10) Jan 29 - Paid $19,500 of cash to Sysco Foods Inc. 11) Jan 29 - Paid $11,000 in cash for wages to its employees. 12) Jan 29 - Paid $1,000 of the $1,500 it owed to Instagram Media Inc. 13) Jan 30 - Paid $2,000 of cash to its shareholders via dividends. 14) Feb 1 - Milu sold $500 of giftcards to customer. These giftcards can be used to purchase food from Milu. 15) Feb 1 - Milu wanted to get insurance for its operations. On Feb 1 they paid $4,400 for insurance that covers the following months: Month Cost (5) Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 400 400 400 400 400 400 400 400 400 400 400 Total 4,400 NOTE: Only do the entries for the dates given above. Do not create statements for Year-End Dec 31, 2021....instead you are creating them for the period ending Feb 1, 2021
