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a) Marx Enterprises had the following transactions during the month of August, 2021. August 01 Mr. Marx invested Tk. 1,70,000 cash in the business. 2
a) Marx Enterprises had the following transactions during the month of August, 2021. August 01 Mr. Marx invested Tk. 1,70,000 cash in the business. 2 Appointed a secretary for a monthly salary of Tk. 12,000. 05 Purchased Tk. 55,500 of office furniture on account. 09 Paid Tk. 36,600 salaries for the month. 12 Withdrew Tk. 14,400 cash for personal use. 18 Earned Tk. 37,700 for services rendered: Tk. 23,000 cash is received from customers, and the balance of Tk. 14,700 is billed to customers on account. 25 Paid Tk. 22,200 cash for furniture purchased on account on August 05. 30 Received Tk. 9,700 in cash from customers who have previously been billed on August 18. Requirements: i. Journalize the transactions. ii. Post to the ledger accounts. iii. Prepare a trial balance
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