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Johnson & Johnson Transactions for the month of April 2025: Borrowed $150,000 from the bank. Purchased office equipment for $25,000 cash. Paid $4,000 for office

Johnson & Johnson

Transactions for the month of April 2025:

  1. Borrowed $150,000 from the bank.
  2. Purchased office equipment for $25,000 cash.
  3. Paid $4,000 for office supplies.
  4. Sold inventory costing $15,000 for $35,000 on credit.
  5. Paid $6,000 for utilities.
  6. Received $28,000 from customers on account.
  7. Paid $10,000 for advertising.
  8. Paid $12,000 in salaries.

Required:

  1. Record the transactions in the General Journal.
  2. Post the transactions to the Ledger Accounts.
  3. Prepare the Adjusted Trial Balance as at 30 April 2025.

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