Question
How to I enter these as Ledger accounts? June 1 Richinvested $19,000 cash in the business along with $6,000 of office equipment. June 1 Rented
How to I enter these as Ledger accounts?
June 1
Richinvested $19,000 cash in the business along with $6,000 of office equipment.
June 1
Rented an office and paid three months rent in advance to Fredericks Property Management. Check #0001 - $4,500.
June 1
Bought an automobile on account from Norm's Automotive, $27,000.
June 4
Purchased office supplies from Office Depot on account,$400.
June 5
Purchased additional office supplies from Office Depot. Paid cash, Check # 0002 - $75.
June 6
Performed accounting services for Jilian Kirby. Collected $3,500 cash.
June 8
Paid a gasoline bill to Arco. Check #0003 - $97.
June 12
Paid Janice, office secretary, two weeks salary.Check #0004 - $2,000.
June 18
Provided accounting services to Mindy's Dress Shop, $8,500. Payment to be received on July 9th.
June20
Rich withdrew $2,500 from the business to pay personal expenses. Check #0005 - $2,500.
June 21
Performed accounting services for Caden, Inc.. Collected $2,500 cash.
June 22
Paid a gasoline bill to Arco. Check #0006 - $96.
June 25
Paid Norm's Automotive for automobile repairs. Check #0007 - $625
June 26
Paid Janice, office secretary, two weeks salary.Check #0008 - $2,000.
June 27
Provided accounting services to Sarah Company $7,500. Payment to be received on July 19th.
June 29
Paid June telephone bill to Verizon. Check #0009 - $525.
June 29
Received bill from The Daily Courier for June advertising. Bill is in the amount of $1,300 and is due July 3rd.
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