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Answer the Question Below Typed as in picture not as in hand writing please, Need it now please urgent Student ID..... Student Name Assig. Chapter
Answer the Question Below Typed as in picture not as in hand writing please, Need it now please urgent
Student ID..... Student Name Assig. Chapter 2 / 10 Marks Journalize transactions, post, and prepare a trial balance. Sept. 1 Lily, one of the owners, invested HK$20,000 cash in the business. 2 The company paid HK$1,000 cash for store rent for September. 3 Purchased washers and dryers for HK$25,000, paying HK$10,000 in cash and signing a HK$15,000, 6-month, 12% note payable 4 Paid HK$1,200 for a one-year accident insurance policy. 10 Received a bill from the Daily News for online advertising of the opening of the laundromat HK$200. 20 Lily withdrew HK$700 cash for personal use. 30 The company determined that cash receipts for laundry services for the month were HK$6,200. The chart of accounts for the company is the same as that for Yazici Advertising plus No. 610 Advertising Expense. Instructions a. Journalize the September transactions. (Use J1 for the journal page number.) b. Open ledger accounts and post the September transactions. c. Prepare a trial balance at September 30, 2020. General Journal Debit amount No Explanation Credit Amount 1 2 3 5 6 7 General Ledger Trial Balance 1 Account Name Dr. Balance Cr. Balance
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