Business Transactions happened in the month of OCTOBER 2023.

October 1st

. An amount of $2,700,000 invested in the business by the owner and

deposited the amount in the name the company (Name of your company).

2nd

. Purchased office building for $1,650,500 by check from Sutton Reality Ltd.

3rd

. Purchased office supplies $3,650 on account from ABC Office Supplies

Ltd by check.

3rd

. Paid advance rent $60,000 for 6 months to a landlord named Bright Reality

Inc. by check.

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4th

. Received $45,400 from a client named ABC Enterprises Ltd. for providing

professional services by check.

4th

. Performed professional services for $37,600 to a client named Royal Business

House Inc. on account.

5th

. Received check # 230 from client Royal Business House Inc. for the service

provided on account $42,650.

6th

. The owner withdraws $6,500 for personal use.

6th

. Borrowed $250,000 from the bank named Royal Bank Ltd. to finance the

first phase of construction of the new theatre. Signed a note payable to the bank in

the name of Baycrest Cinema Company.

7th

. Paid property tax expense on the building purchased, by check of $10,400 to

the City of Surrey.

8th

. Received $25,760 by check for providing services from your customer

Western Distributors Inc. and deposited that amount in the bank.

10th Entertainment expense of $475 paid by the owner using company debit card.

11th

. Stationary items and printing purchased for $790 on account from STAPLES

Ltd.

14th

. Commercial insurance covered obtained for the business from an insurance

company named ALLIED INSURANCE SERVICES LTD The total annual

premium $ 2,652.00 was paid in advance by check.

16th

. Electric supply bill received from BC Hydro for October 2023 will be paid in

November 2023 for $645.

18th

. Heating gas bill received from FORTIS Gas Company on October18, 2023,

for $665.00 to be paid in November 2023.

19th. Purchased goods for sales $175,785 on account.

20th Goods sold for cash $115,537 ( Cost of Goods Sold $76,224)

20th. Purchased electrical appliances for $ 18, 850 on account from Trail

Appliances Ltd.

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21st. Purchased office furniture for $18,568 on account from MNJ Furniture Ltd.

22nd. Purchased Computers and accessories for $15,750 on account from Best Buy.

22nd. Paid commercial insurance premium in advance for the entire year $2,652 by

check to Allied Insurance Ltd.

25th. Goods purchased for $ 284,252 on account from Golden Boys Limited.

25th. Goods sold for $ 110,578 in cash. (Cost of Goods Sold $576,746).

31st. Record wages for the 2nd pay period of October 2023 to be paid in the

following month in 2023 amounting to $45,725.

31st. Interest accrued on the bank loan for the month of October 2023 is $3,425.

31st Bank charges S$ 525 to be recorded.

31. Record amortization expenses for the month of October 2023 at the rates

given below:

Office building @ 5% per annum

Electrical appliances @10% per annum

Office furniture @ 7% per annum

Computers @ 25% per annum

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use MS excel format

prepapre general journal, general ledger, trial balance, accounting equations