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For those of the above that are transactions, prepare the general journals for the month ended 31 May 2023. Comment on any assumptions you have
For those of the above that are transactions, prepare the general journals for the month ended 31 May 2023. Comment on any assumptions you have made in preparing the general journals. Narrations are not required, however dates must be clearly specified, and no depreciation or other adjusting entries are necessary. No new general ledger accounts are required to be established or added to the chart of accounts. Account no. Account Description Month Day Event \begin{tabular}{|l|l|l|l|} \hline Month & Day & Event \\ \hline & 24 & Receivedcashof$2,750fromcustomerswhopurchasedearlierinthemonthoncredit.Thiscashwasdepositedtothebusinessbankaccount. \\ \hline & 31 & Paid assistant's monthly wages expense of $1,833 by transfer from the business bank account. \\ \hline & 31 & Recordedrevenueforthesecondhalfofthemonthof$11,190depositedtothebusinessbankaccountascashand$3,700oncredit. \\ \hline & 31 & Enteredintoacontractfordeliveryofelectricvehicle,atacostof$60,000whichistobeusedforthebusiness.Thevehiclewillbedeliveredin2weekstime.Nocashpaymentshaveyetbeenmadeinrelationtothecontract. \\ \hline & 31 & Invoicereceivedfromthelocalnurseriesassociationforadvertisingof$1,430.Theinvoicewaspaidbytransferfromthebusinessbankaccount \\ \hline \end{tabular} Issued by Banking For You Pty Ltd
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