Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help pls thank u!! Date Transactions Amounts 20.000 90 800 2,000 3,000 3 Price p.u 132 128 Price p.u 380 1,200 3,960 1-Jul & borrowed

help pls thank u!! image text in transcribed
image text in transcribed
Date Transactions Amounts 20.000 90 800 2,000 3,000 3 Price p.u 132 128 Price p.u 380 1,200 3,960 1-Jul & borrowed from parents and contributed cash into the business. 1-Jul Pald for business registration 2-Jul paid for vacuum sealer machine 2. Jul Arranged credit card facility with the bank to a limit of 2.Jul paid for bowl sealing machine and shipping fee 2-Jul Cash purchase of foam bowls Units 1,100 $0.12 2-Jul Cash purchase of vacuum seal bags Units Price p.u 1,600 $0.08 3-Jul Credit card purchase of tiny containers (Small plastic for chillies oil) Units 3,800 $0.10 3-Jul Received an invoice for website set up costs 3-Jul Paid rent as required by rental agreement. No of per 3 months $1,320.00 month 4-Jul First delivery of product to customers; received cash. Units Price p.u 300 $7.20 4-Jul Agreed with an IGA Supermarket to provide a sample batch of product. Units 400 $7.20 5-Jul Received grocery bill (meat and other ingredients; supplies) 6-Jul Sent invoices to friends who are yet to make payments Paid for petrol, (using James Honda Jazz to pick up purchases and make 7-Jul deliveries Delivered on 4th of July order above, to IGA Supermarket. (paid in full via 9-Jul credit card) 10-Jul James placed an order for more grocery supplies 11-Jul Pick up and paid for the grocery supplies ordered 23-Jul Drawings to Jason and James Sold product at a local community street festival event along Clayton 27-Jul Road. Serves 160 $7.20 sold serve 30-Jul Recorded depreciation for the month 2,160 Price p. 2,880 1,537 576 113 2,880 380 315 600 1,152 Price per ? 7 Date Containe Bowls Vacuum Prepeld Account Accounts Loan neal bags Rent Rec Payable Capital Revenue Expense Bowl Vacuum Registratil Cash sealing Website sealer machine on fee 20.000 Expense 13 20,000 . 1- 6 2 10 11 12 14 15 15 11 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 14 35 36 38 39 40 41 Total 42 20000 0 0 0 o ol 0 0 20000 0 20000 20000 44

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What is the cerebrum?

Answered: 1 week ago