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find general journal and do the description for each column. 655 Thev calla fechnician to install the ice Cream equipment. Es imated bill of the
find general journal and do the description for each column.
655 Thev calla fechnician to install the ice Cream equipment. Es imated bill of the technician is $700. At the end of the month, the company has not vet received the bili, however. the technician completed in full his installation work. 6/5. They hire two emplovees. Total salary cost for the fwo employees is $1500 a month, payable at the end of the month. Starting the Operations 6/5 Victoria & iman are in charge of purchasing the kev materials to make the ice cream. At the beginning of the month they purchase the following: 6/5. Thev incur freight costs of $50, which they pay in full. 6/15 Victoria and Iman purchase additional materials. Because of market changes, they realize that prices for theirkey inorediante hava anna wa 6/30 Throughout the month, the Chicago Summers ice cream shop is able to generate a total of $6.000 in cash sales. 6/30 Paid the salaries of the two employees for June. Inventory 6/30 Jeannette is in charge of keeping track of key material quantities. She knows that most of the materials purchased. during the month have been used in making ice cream. However some quantities soil are left unused. These will be used in the next month's production of ice cream. At the end of the month, Jeannetle performs a physical count of the materials left. Below is the recilt of the count. June's financial statement 6/30 Danny is in charqe of keeping the accounting records. He records all the economic events presented above by doing the following: Preparing the lournalentries. Posting the appropriate iournal entries in the T accounts Preparing the Unadiusted Trial Balance for the month of June Step by Step Solution
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