Question
Jan. 1 Each owner equally contributed 120,000 to Maitham Co. in exchange for common stock Jan. 2 Paid cash of 20,000 for land Jan. 3
Jan. 1 | Each owner equally contributed | 120,000 | to | |
Maitham Co. | in exchange for common stock | |||
Jan. 2 | Paid cash of | 20,000 | for land | |
Jan. 3 | Purchased supplies for | 3,000 | on account | |
Jan. 8 | Performed | Provide programming | and collected cash of | 3,000 |
Jan. 10 | Performed | providing telecommunication | for | 2,000 |
and the client will pay the company later | ||||
Jan. 15 | Paid cash of | 4,000 | for salaries expense | |
Jan. 21 | Paid cash of | 3000 | ||
for the office supplies purchased on account on Jan. 3 | ||||
Jan. 22 | Collected cash of | 2000 | from the client on Jan. 10 | |
Jan. 25 | The cash dividend was paid at | 2,000 | ||
Jan. 29 | Received a phone bill for | 200 | and will pay this next month | |
Jan. 30 | A client engages your company to provide | cleaning | and agrees to pay | |
450 | in advance | |||
Jan. 31 | Prepaid 12 months' rent of | 3,000 |
prepare the general journal and T-Account
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Get StartedRecommended Textbook for
Introduction to Financial Accounting
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
11th edition
978-0133251111, 013325111X, 0133251039, 978-0133251036
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