Answered step by step
Verified Expert Solution
Question
1 Approved Answer
answer REQURED 1/522 paid 55200 on the principal of the Note to the bank and 5800 in interest 1.tW22 Colsocted 34.900 from a customior for
answer REQURED 1/522 paid 55200 on the principal of the Note to the bank and 5800 in interest 1.tW22 Colsocted 34.900 from a customior for work completed in 2021 . T.622. Paid their Janaary ront of 33.600. 1.F/22 Purchased new poulpment on account far $6.200. 1/822 Paid 51,300 to ropsir their delivery vehiels Hif te2 Collectod the forll am their for the 1/5 biling t/12/22 Paid 51,650 for the food and beverages for an employed celebration evont: T/1322 Paid $3,600 on their accounts paynble bit 1/17/22 Paid a 53.000 dividend to their sole sharehoider. 1/19/22 Recelved 37,7 di upon completion from a customer for services provided T/27/22 Paid \$250 for fuel nimonse 1/30,22 Paid employee wages of 56,200 REQUIRED Prepare Joumal Entries for the transactions in general journal form. Propare Income Statement for January 2022 Prepare Statement of Shareholders' Equity for January 2022 Prepare Balance Sheet as of 1/31/22 1/522 paid 55200 on the principal of the Note to the bank and 5800 in interest 1.tW22 Colsocted 34.900 from a customior for work completed in 2021 . T.622. Paid their Janaary ront of 33.600. 1.F/22 Purchased new poulpment on account far $6.200. 1/822 Paid 51,300 to ropsir their delivery vehiels Hif te2 Collectod the forll am their for the 1/5 biling t/12/22 Paid 51,650 for the food and beverages for an employed celebration evont: T/1322 Paid $3,600 on their accounts paynble bit 1/17/22 Paid a 53.000 dividend to their sole sharehoider. 1/19/22 Recelved 37,7 di upon completion from a customer for services provided T/27/22 Paid \$250 for fuel nimonse 1/30,22 Paid employee wages of 56,200 REQUIRED Prepare Joumal Entries for the transactions in general journal form. Propare Income Statement for January 2022 Prepare Statement of Shareholders' Equity for January 2022 Prepare Balance Sheet as of 1/31/22
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started