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I have to do this Date (May) Particulars 1 The landlord was paid $1500 as rent. 3 The inventory was purchased on credit from Ron

I have to do this

Date (May) Particulars
1 The landlord was paid $1500 as rent.
3 The inventory was purchased on credit from Ron Co. for $1500 with a 2% discount, with invoice number 001.
4 Customers paid $1000 in cash.
6 A cash loan of $6000 in cash was received from Aid Bank.
8 An advance payment of $500 was made for insurance.
10 Machinery was purchased on credit from Dream Equip Co. for $2500 with a 5% discount, with invoice number 280.
13 Goods were sold on credit to Sam for $1500 with a 4% discount, with invoice number 101.
15 Goods were sold on credit to Lucky for $1000 with a 3% discount, with invoice number 140.
16 Damaged merchandise amounting to $500 was returned to Ron.
16 $200 in interest was received from a bank deposit.
17 Salaries totaling $3000 were paid to employees.
18 Advertising expenses amounting to $1200 were paid.
19 Office furniture was purchased on credit from Looking Good Pvt Ltd. for $1400 on 10% discount with invoice number 275.
19 The employees' business travel expense of $250 was reimbursed.
20 Office supplies were purchased on credit from Rise Co & Sons. for $600 at a discount of 2%, with invoice number 289
20 Depreciation of machinery for the month was recorded as $420.
21 Goods were sold on credit for $1100 with a 7% discount.
22 Payment of $890 with invoice number 146 was made to Jane for the goods purchased.
25 A cash rental payment of $400 was received for a delivery van.
26 $170 was written off as bad debts from collectible accounts receivable.
27 A sale of $1700 was made on credit with invoice number 406.
28 The stationery was purchased on credit from Fancy Stationery for $220 and received a discount of 5% with invoice number 295.
30 An accrued interest expense of $70 for a loan was adjusted and recorded.
30 A cash dividend of $350 was received from a stock investment.
31 An advance payment of $500 was made for property tax.

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1. Your submission should follow the template provided to prepare:

  • Purchase Journal
  • Sales Journal
  • Cash receipt Journal
  • Cash Journal
  • General Journal

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