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can you please do the journal for these transactions. i need it urgent. Prepare the accounting cycle for the following case 1- Record all transactions
can you please do the journal for these transactions. i need it urgent.
Prepare the accounting cycle for the following case 1- Record all transactions in general journal form 2- Post all transactions to general ledger accounts. 3- Prepare a trial balance in good format. 4- Prepare an income statement in good format. 5- Prepare a statement of owner's equity in good format 6- Prepare a balance sheet in good format Case description (Expressions): Hamdan started a haircutting business called Expressions. The following transactions occurred during its first month August, 2021) On August 1, Hamdan invested $3,000 cash in Expressions. On August 2, Hamdan invested $15,000 equipment in Expressions On August 2, Expressions paid $6,000 cash for furniture for the shop. On August 3, Expressions paid $500 cash to rent space in a signature mall for August. On August 4, Expressions purchased $1,200 of machine on account for the shop. On August 5, Expressions opened for business. Cash received from services provided is $825. On August 9, Expressions paid $3,000 cash insurance in advance for 6 months. On August 15, Expressions provided $1,000 of haircutting services on account. On August 17, Expressions paid $125 to an assistant for working during the grand opening. On August 19, Expressions received $500 cash for services previously rendered on account on August 15 August 22, Expressions received $800 cash for future haircutting services. On August 30, Expressions paid a $400 cash installment for the on-account transaction on August 4. On August 31, Hamdan withdraw $900 cash for personal use Step by Step Solution
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