Create a General Journal (20 Marks)

Notes: Dec 20X5

Dec 1	Started the business with $50000 cash in hand
Dec 2	Bought a Cash register $600 from Pricesmart
Dec 3	Prepay rent for three months in advance. Rent is 1500 a month
Dec4	Bought Furniture on credit $800 from Standards
Dec 5	Bought a Motor vehicle $5500 from massy motors
Dec 6	Bought Laptop for the store marketing $2500 from A& L wholesalers
Dec 7	Bought a security system $3500
Dec 8	Bought Printing Machine $3200
Dec 9	Sold goods on credit to T. Williams for $700 (sales)
Dec 10	Paid wages $2000 cash
Dec 11	Sales return of $900 from A. Rocky (RI)
Dec 12	Withdrawal of $600 by cash for personal use
Dec 13	Insurance is $400 per month but havent received an invoice for insurance for this month
Dec 14	Purchase phones on Credit $4000 from Alyona Enterprises P
Dec 15	Depreciation on motor vehicle with a useful life of 5 years and be worthless after the 5 years using straight line
Dec 16	Sold goods on credit to L. James for $800 (sales)
Dec 17	Paid electricity bill $300 by cheque
Dec 18	Paid telephone bill $200 cash
Dec 19	M. Spencer returned $600 worth in goods
Dec 20	1)On December 1st S&M Tech applied and received a $8000 short term bank loan with monthly interest expense of $200
Dec 21	Paid for repairs to Motor Vehicle $300
Dec 22	Paid water bill $200 by cheque
Dec 23	Purchase tablets on credit $1300 from Apple P
Dec 24	Sold laptop to D. Small $1500 (sales)
Dec 25	Sold Tablets to T. Spencer $1800 (sales)
Dec 26	Sold goods on credit to D. Brown $3500 (sales)
Dec 27	Depreciation on Printing Machine is to be charged at 10% for the first 3 years using the reducing balance method
Dec 28	Purchase laptops on Credit $5500 from Wizz Computers

create journal entries with each transaction