Dec 1 Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and $11,000 of office equipment in the business 2 Paid three months of rent in cash in advance $9,000 3 Purchased computer supplies on credit for $2,000 from Compute depot Supplies 6 Billed Maher Electric $9,300 for installing a new computer system 7 Reimbursed Daniel Nica's business automobile expense for 1,000 kilometres at $1 80 per kilometre 12 Billed Maher Electric another $15,000 for computer services rendered 15 Received $6,300 from Maher Electric on its account 17 Paid $400 in cash to repair equipment damaged when moving into the new office 20 Paid $1,500 in cash for an advertisement in the local newspaper 22 Received the balance owing from Maher Electric on its account 28 Billed Five Acre Resort $4,600 for services 31 Paid subcontractor Leagh O'keefe for five days' work total amount $2,000 make ledger for it

Question

Dec  1 Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and $11,000 of office equipment in the business  2 Paid three months of rent in cash in advance  $9,000  3 Purchased computer supplies on credit for $2,000 from Compute depot Supplies  6 Billed Maher Electric $9,300 for installing a new computer system  7 Reimbursed Daniel Nica's business automobile expense for 1,000 kilometres at $1 80 per kilometre  12 Billed Maher Electric another $15,000 for computer services rendered  15 Received $6,300 from Maher Electric on its account  17 Paid $400 in cash to repair equipment damaged when moving into the new office  20 Paid $1,500 in cash for an advertisement in the local newspaper  22 Received the balance owing from Maher Electric on its account  28 Billed Five Acre Resort $4,600 for services  31 Paid subcontractor Leagh O'keefe for five days' work  total amount $2,000 make ledger for it

Accepted Answer

The Answer is in the image, click to view ...


Dec. 1	Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and
	$11,000 of office equipment in the business.
2	Paid three months of rent in cash in advance; $9,000.
3	Purchased computer supplies on credit for $2,000 from Compute depot Supplies.
6	Billed Maher Electric $9,300 for installing a new computer system.
7	Reimbursed Daniel Nica's business automobile expense for 1,000
	kilometres at $1.80 per kilometre.
12	Billed Maher Electric another $15,000 for computer services rendered.
15	Received $6,300 from Maher Electric on its account.
17	Paid $400 in cash to repair equipment damaged when moving into the
	new office.
20	Paid $1,500 in cash for an advertisement in the local newspaper.
22	Received the balance owing from Maher Electric on its account.
28	Billed Five Acre Resort $4,600 for services.
31	Paid subcontractor Leagh O'keefe for five days' work; total amount $2,000

Question

Dec. 1 Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and $11,000 of office equipment in the business. 2 Paid three months of rent

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Performance Auditing Contributing To Accountability In Democratic Government

Students also viewed these Accounting questions

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question