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at the end the credit and debit need to be equal Using the provided template, submit your company accounting workbook with the following portions completed:
at the end the credit and debit need to be equal
Using the provided template, submit your company accounting workbook with the following portions completed: the General Journal tab, the Ledger Accounts tab, and the Trial Balance tab. This should be completed and submitted using the Microsoft Excel workbook template. Please note that the first tab of the workbook provides you with the chart of accounts. These are the accounts you will use in recording transactions for the month. he following events occurred in June: - June 1: Owner contributed $50,000 in cash to the business. - June 1: Owner purchased a company vehicle in the amount of $15,000. - June 3: Owner took out a small business loan in the amount of $25,000. - June 5: Owner paid rent for June, and prepaid office rent for a 6-month period to cover July through December at $1,195 per month. - June 5: Owner paid business license fees in the amount of $250 to the county. - June 5: Owner ordered office supplies, on account, in the amount of $750.00. - June 6: Owner performed service for client on account in the amount of $1,000. - June 9: Owner provided service for elient in the amount of $1,500. Customer paid $750 at time of service. Client will be billed for the balance due. - June 10: Owner paid $250 in advertising costs to the local paper. - June 15: Owner recorded wages due to the part-time employee in the amount of $325. This will be paid on June 20. - June 15: Owner prepaid business insurance to cover July through December at the rate of $125 per month. - June 20: Owner paid wages due to part-time employee from period ending June 15. - June 21: Owner paid for plumbing repairs in the office in the amount of $210. - June 22: Owner withdrew $1,000 cash for personal use. - June 23: Customer paid balance due from June 6 service in the amount of $1,000. - June 25: Owner provided service to client in the amount of $800. Client paid at time of service. - June 28: Owner paid balance due for office supplies purchase on June 5. - June 29: Owner performed service for client on account in the amount of $2,225,00. - June 30: Owner received telephone bill for month of June in the amount of $155 and recorded the expense. This bill will not be paid until July. - June 30: Last day of pay period; owner owes part-time worker $325 for the June 16 through June 30 pay period. This will be paid on July 5 . - June 30; Record depreciation on vehicle at $250. Balances from the taccounts will autofill your trial balance. If total debits de not equal total eredits in the trial balance, you know you have an These are the balances that will be used to prepare the financial stateneats. Be sure to implement feedback provided by your instructor for this Milestone On
at the end the credit and debit need to be equal
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