journal entries

c/counts/568/assignments/S5667module item_id=20336 3 9 15 2. Generate at least 20 business transactions for XYZ Pty Ltd (5 Marks) Date Transactions You have started your own trading business by adding $350.000 cash, $50,000 of furniture, and 1 IEquity increased) 1 Bought a prepaid internet plan by $250 Bought a prepaid car insurance for 12 months by paying $1200. 5 Purchased stationeries costing $35.000 by paying $15.000 cash 8 Incurred Advertising expense for $7.500 but not paid. Paid Accounts Payable recorded on 05 December Paid wages to employees $5.000, 18 Paid for transportation amounting $3.500 20 Paid for rent expense amounting $4.500 20 Interest paid amounting $1.500 22 Purchased equipment on credit costi 51.200 inot paid) 22 Paid to solicitor $350 23 Paid GST amounting $1.250 Salaries incurred but not paid amounting $12.500. 25 Received cash trom clients who have paid in advance amounting 310,500 Recognize it as uneare 27 Paid for utilities expense amounting $2.500 28 You withdrew cash from your trading business business amounting $17.500 30 Received a mortgage loan of 5275.000. It increases cashbank balance Paid Advertising payable recorded on 8 December 24 o c/counts/568/assignments/S5667module item_id=20336 3 9 15 2. Generate at least 20 business transactions for XYZ Pty Ltd (5 Marks) Date Transactions You have started your own trading business by adding $350.000 cash, $50,000 of furniture, and 1 IEquity increased) 1 Bought a prepaid internet plan by $250 Bought a prepaid car insurance for 12 months by paying $1200. 5 Purchased stationeries costing $35.000 by paying $15.000 cash 8 Incurred Advertising expense for $7.500 but not paid. Paid Accounts Payable recorded on 05 December Paid wages to employees $5.000, 18 Paid for transportation amounting $3.500 20 Paid for rent expense amounting $4.500 20 Interest paid amounting $1.500 22 Purchased equipment on credit costi 51.200 inot paid) 22 Paid to solicitor $350 23 Paid GST amounting $1.250 Salaries incurred but not paid amounting $12.500. 25 Received cash trom clients who have paid in advance amounting 310,500 Recognize it as uneare 27 Paid for utilities expense amounting $2.500 28 You withdrew cash from your trading business business amounting $17.500 30 Received a mortgage loan of 5275.000. It increases cashbank balance Paid Advertising payable recorded on 8 December 24 o