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Hi can someone please answer this question in details? Could you prepare the joural entries, T accounts and trial balance. Thanks Elizabeth Wong has strong
Hi can someone please answer this question in details? Could you prepare the joural entries, T accounts and trial balance. Thanks
Elizabeth Wong has strong problem solving skills and loves to work with people. After becoming a Certified Human Resources Professional (CHRP) and working for several companies, she opened her own business, HR Solutions. She completed the following transactions during May 2017 May 1 Invested $78,000 in cash and office equipment that had a fair value of $51,000 in the business 1 Prepaid $15,300 cash tortnrce months' rent for an ottice. 2 Made credit purchases of otrice equipment ror $25,500 and otrice supplies for $5,100. 6 Compleled a report on hiring solulions for a clie and collected $0.300 cash 9 Compleled a S16,300 project implemenLing a training program for a clie who will pay withir 30 days. 10 Paid half of the account payable created on May 2. 19 Paid $7,800 cash for the annual premium on an insurance policy. 22 Received $13,100 as partial payment for the work completed on May 9 25 Developed a performance review process for another client for $5.580 on credit 25 Paid wages for May totalling $35,500. 31 Withdrew 55.300 cash from the business to take a trip to Paris in Junc. 31 Purchased $1,750 of additional office supplies on credit. 31 Paid $1,430 for the month's ulility bill
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