Question
Complete the T Accounts, prepare the Trial Balance with their heading 1. Jahlee Bez invested $ 35,000 to set up his Sportswear sales business, ACCO-Sports.
Complete the "T" Accounts, prepare the Trial Balance with their heading
1. Jahlee Báez invested $ 35,000 to set up his Sportswear sales business, ACCO-Sports. Feb.1
2. ACCO-Sports bought $ 500 worth of office supplies from Yadiras' s Inc. and paid for it in cash. Feb 5.
3. ACCO bought 4 dozen Carlos Correa shirts from Angel Boutique at $ 50 each shirt To pay in 30 days. Feb. 10.
4. 3 dozen of the Carlos Correa were sold at 125.00 each shirt they only paid 50% and the rest on credit. Feb 15
5. Jahlee told his accountant Veronica to pay $ 500.00 of what is owed to Yadiras and $ 1,000 of what is owed to Angel, Veronica made the payments. Feb 18
6. Yaribed CPA group sent an invoice for $ 5,175.00 for Audit services that it made to ACCO. Feb 18
7. As Correa's team won the world series, they sold for $ 250 each shirt and there are only 2 unsold shirts left, on Credit. Feb 20
8. Cristian, Stephanie and Alvin are the shirt salesmen and each one charges $ 400.00 Veronica the accountant charges $ 1,250.00. Salary was paid to all. Feb 22
9. 50% of the bill was paid to Yaribed. Feb 25
10. Jahlee invested 15,000 more in his mar business. Feb 28
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TAccounts Cash Date Description Debit Credit Feb 1 Jahlee Bez Investment 35000 Feb 5 Yadiras s Inc 5...Get Instant Access to Expert-Tailored Solutions
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