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Hi , i need some urgent help to make a T account base on the Information that i provided , i need help asap ,
Hi , i need some urgent help to make a T account base on the Information that i provided , i need help asap , thanks
Google Translate Transactions Surf Inc. had the following transactions over the past few weeks. Please create the ledger with opening balances. Record the transactions in the t-accounts using DR and CR theory. Calculate the account balances once completed. 1 mark each correct account entry. 1 mark for calculated balances for each account. Bank $4 300 A/R Jones Travel $2 050 A/R J. Feeny $540 Supplies $330 Equipment $15 000 A/P Office Goods $120 A/P North Shore News $340 Bank Loan $7 460 M. Bodi, Capital? 1. Sold surf lessons to L. Mazardo for $250 cask. 2. Receipt on account $300 from Jones Travel in partial payment of amount owed 3. Paid $20 interest on the bank loan. 4. Purchased $100 of office supplies on credit from Office Goods. 5. Received on account the amount of of $540 from J. Feeny. 6. Payment on account to North Shore News in the amount of $76 O 7. Sold tour service for $1 780 cash. 8. Paid $600 wages to surf staff. 9. Paid beach hut rent of $745 10. Purchase on account new surf equipment from Sport Life for $2 400. A $500 down payment is made. O 11. Made a bank loan payment of $1 000. Clear selection MacBook Pro a Step by Step Solution
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