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I have completed the journal entries for Friday. But I am stuck on Saturday and Sunday. The project requires you to carry over the information
I have completed the journal entries for Friday. But I am stuck on Saturday and Sunday. The project requires you to carry over the information from the T-accounts (so the balances) to the next day. Could someone help with the journal entries for Saturday and Sunday? Using the information given? Thank you!
Date Account Narne Ref Debit Credit Common Stoc 7000 To record initial cash investment. Accounts payable To record purchase of 130 boxes at $7 each 300 Prepaid booth rental Prepaid clean-up fee 40 To record payment to show management. To record payment of 20 boxes of chocolate at $12 each Sales Revenue 1260 To record sale of 105 boxes by walk-up customers Torecord cost of goods sold for 105 boxes 70 Salaries Expense Salaries Payable 70 To record salaries owed. Booth Expense 100 100 Prepaid Booth Rental To record booth expense. S 4,355.00 S 4.355.00Step by Step Solution
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