Question
does all this transaction will put in special journals? how to do that? Dec 1cash300,000 Office equipment200,000 G. De Guzman capital500,000 Rent expense60,000 Cash60,000 Taxes
does all this transaction will put in special journals? how to do that?
Dec 1cash300,000
Office equipment200,000
G. De Guzman capital500,000
Rent expense60,000
Cash60,000
Taxes and licenses7,000
Cash7,000
Purchases150,000
Cash30,000
Accounts payable120,000
Freight in3,000
Cash3,000
Store furniture and fixtures20,000
Office furniture and fixtures32,000
Accounts payable52,000
2office supplies expense10,000
Accounts payable10,000
Accounts payable5,000
Purchase returns and allowance5,000
Store supplies expense15,000
Cash15,000
3accounts receivable10,000
Sales10,000
Accounts payable2,000
Office furniture and fixtures2,000
4Cash15,000
Sales15,000
5advertising expense15,000
Cash15,000
7accounts receivable20,000
Sale20,000
8accounts payable5,000
Cash5,000
10cash10,000
Notes receivable40,000
Sale50,000
Freight out2,000
Cash2,000
11purchases120,000
Accounts payable60,000
Notes payable60,000
12Accounts payable50,000
notes payable50,000
15cash12,000
Rent income12,000
16accounts payable115,000
Purchase discount2,300
Cash112,700
Store equipment500,000
Cash500,000
Prepaid Insurance12,000
Cash12,000
Cash600,000
G. De Guzman capital600,000
17accounts payable5,000
Cash5,000
18cash10,000
accounts receivable10,000
19accounts receivable50,000
Sales50,000
20Cash10,000
accounts receivable10,000
21notes recivavle40,000
Accounts receivable40,000
23G. De Guzman drawing5,000
Cash5,000
24purchases80,000
Accounts payable80,000
25cash40,150
Notes recievable40,000
Interest income150
26accounts payable60,000
Notes payable60,000
Interest expense150
Cash120,150
27accounts receivable30,000
Sales30,000
notes payable50,000
interest expense125
Cash50,125
29cash10,000
Accounts receivable10,000
30light and water3,000
Cash3,000
31communication expense2,000
Cash2,000
Salaries expense27,000
Withholding payable2,000
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Accounting Equations & Answers
Authors: Barcharts, BarCharts Inc
1st Edition
1423218248, 9781423218241
