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i need full answers in tables 4 QI: Identify the nature for each account (Dr-Cr) given in the below transactions: Transactions Dehir Account Credit Account
i need full answers in tables
4 QI: Identify the nature for each account (Dr-Cr) given in the below transactions: Transactions Dehir Account Credit Account 1 Owner invests cash in the business as a capital. Pays insurance in advance for six months by bank 3 Pays secretary's salary inch Turchases office supplies on account 5 Pays electricity bill cash 6 Sells goods and received the aniont by bank 2 Purchases delivery track on account X Sells some goods & deposited into bank account 9 Pays fe petrol for motor vehicle & Nys by cheque 10 Receives rent from tenant cash Q2: Under a double-entry system, show how the entry in each statement is entered in the ledger by using debitor credit to indicate the increase or decrease in the affected account. Debitor Credit 1 An increase in Accounts Receivable 2 A decrease in Accounts Payable 3 A decrease in Owner's Capital 4 An increase in Service Revenue 5 An increase in Salary & Wages Expense An increase in Prepaid Insurance Expense. Comme Instructor lect Ahool Allahut Page 1 of 2 MINISTRY OF EDUCATION MAM ABDULRAHMAN BIN ASAL UNIVERSITY APPUED COLLEGE Aus VO Q3: Journalize the following business transactions in general journal form, and open the necessary leder accounts. 1. Sep 1": Electronics Company begins its business with a cash investment of $ 20,000 2. Sep 3: Electronics Company paid office rent of 5 50.000 cash. 3. Sep 7: Electronics Company receives a S 25.500 from client for service performed which the client pays 10,000 cash, and the remaining on account 4. Sep 15: Paid insurance for the next 6 months 54.000 cash 5. Sep 16 Purchased office equipment for 511.000 paying $3,000 in cash and signed a 30-day, S8,000, note payable Step by Step Solution
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