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E 3 . 5 On December 1 , 2 0 xx , Mr A created a new self - storage business, Mien Nam Company. The
E
On December xx Mr A created a new selfstorage business, Mien Nam Company. The following transactions occurred during the company's first month Unit: VND :
The owner invested cash and a cargo truck worth in the company.
Paid cash in banks for the equipment rented at sales department.
Purchased supplies for cash.
office
Paid salary for sales employees
Collected cash in banks for service fees from customers.
Sold goods on account to customer L with the selling price of
Paid cash for minor repairs to a leaking roof of the office.
Paid cash for this month's telephone bill.
Paid cash in banks for electricity and water bill at the office.
Required:
Prepare the journal entries to record the transactions.
Prepare the income statement for the month of December xx
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