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I need help with Taccounting. We need to create an imaginary own invesment, for example, like bellow transaction data and evaluate its T accounting December
I need help with Taccounting. We need to create an imaginary own invesment, for example, like bellow transaction data and evaluate its T accounting December 1 Sule Ay Mann invests $ 10,000 to start his awn advertising company December 2: Sule Ay Mann rents an office, paying two months' rent,$800, in advance December 3: Sule Ay Mann orders art supplies, $ 1,800, and ote supplies, $800 December 4: Sule Ay Mann purchases art equipment, $4,200 with cash December S Sle Ay Mann purchases otce equipment, $3,000, from Can Unn; pays$ 1,500 in cash and agrees to pay the rest next month December 6 Sle Ay Mann purchases art supplies, $1,800, and otce supplies, $800 from Tour Gutt Supply Company, on December 8 Sle Ay Mann pays onetyear life insurance policy, $ 480, with coverage e ective December 1 December 9: Sule Ay Mann pays Tour Gutt Supply Company $ 1,0 of the amount owed December 10: Sule Ay Mann performs a service by placing advertisements for an automobile dealer in the newspaper and credit collects a fee,$1,400 Sule Ay Mann pays the secretary two weeks" wages, $ 600 Sule Ay Mann accepts an advance fee, $1,000, for artwork to be done for another agency December 12: December 15: Liabilities+Owners' Equity ebit Cre December 19: Sule Ay Mann performs a service by placing several major advertsements for Meass UtDepartment stores. TheAsset fee, $2,800, is billed now but will be collected next month Sule Ay Mann withdraws $1,400 from the business for personal living expenses Sule Ay Mann pays the secretary two more weeks' wages, $ 600 Sule Ay Mann receives and pays the utility bill, $ 100 Sule Ay Mann receives (but does not pay) the telephone $ 70 ebitCredt Debit Credit December 25: December 26: ncrease dcreasecease incease rcrease December 29: December 30
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