Question
Can someone help me complete the T- accounts? Post the journal entries into T-accounts. Journal Entries for the month of July 2021 Number Account Debit
Can someone help me complete the T- accounts?
Post the journal entries into T-accounts.
Journal Entries for the month of July 2021
| Number | Account | Debit ($) | Credit($) |
| 1 | Cash | 100,000 | |
| Mr X | 100,000 | ||
| 2 | Salary | 15,000 | |
| Cash | 15,000 | ||
| 3 | Rent | 18,000 | |
| Cash | 18,000 | ||
| 4 | Legal Expense | 4,000 | |
| Cash | 4,000 | ||
| 5 | Purchase | 45,000 | |
| Cash | 45,000 | ||
| 6 | Vehicle (Truck) | 112,000 | |
| Mr A | 112,000 | ||
| 7 | Mr X | 5,000 | |
| Cash | 5,000 | ||
| 8 | Cash | 130,000 | |
| Account Receivable | 75,000 | ||
| Sales | 205,000 | ||
| 9 | Electricity | 3,500 | |
| Cash | 3,500 | ||
| 10 | Advance Salary | 1,000 | |
| Cash | 1,000 |
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Financial accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
IFRS Edition
9781119153726, 978-1118285909
