journal entries

Scooba Dive in Unadjusted Trial Balance As at 30 June 2020 Debit 150 o e a Aphy.calculate of investor lune 2020 revealed 544 330 on hand 55.200 of the recorded sales restes for which will be delivered b y The pregret waspadon 2000 and w hether for two months ending 31 Mly 2020 porto b atement, Arne realised that the business bank account had earned $12 interest on 30 iun 2030 which had been directly to the ba b y the back on the day The need to be adated for this transaction testimated that of the June 2020 balance of Account a bility to be red Anne hadd e her but however Arne decided to advertise her business and product in popular stylemagne Anpad 1000 at the end of terror the t ore on the 1 of March 2020 for a month period s Solesale wings and a balance day 51.834 Viboth the Subatanks and Office & shop E ntre d e devlet The do e s and reduses of both weapows Open veen Seo O te ma Credit (5) Accounts Receivable Inventory (11 July 2019 Prepaid Rent Suha tanks Accumulated Deprecation Scuba tanks Office & Shop Equipment Accumulated Depreciation Office and Shoptiment Desi 380 2 34,400 1.4.60 12800 A Chovi, Capital 1 luly 2011 A Chovi, Drawings Sesers wances 112.10 1,720 water Espen 3.000 dop 100.20220200020Aignments. . %20-20INAL.pdf # A physical stocktake of inventory at Both June 2020 revealed 544320 on hand, $5,200 of the recorded sales represents receipts for scuba tanks which will not be delivered until 7th July The prepaid rent was paid on 1 June 2020 and was Sopomice rent for two months ending 31 July 2020 M] Upon receipt of the business's bank statement, Anne realised that the business bank account had earned 512 interest on 30 June 2020 which had been directly paid into the bank account by the back on that day. The bounting records need to be updated for this transaction v] It is estimated that of the 30 June 2020 balance of Accounts Receivable is unlikely to be received Anne had relied on word of mouth to promote her business to date however Anne decided to advertise her business and products in a popular lifestyle magazine, Anne paid $3,000 at the end of February for the advertising campaign to commence on the 1" of March 2020 for a six-month period i) Sales staff wages owing but not paid as at balance day equal $1,334 will both the Scuba tanks and Office & Shop Equipment are expected to be used avenly over their useful lives The expected total useful lives and residual values of both assets are as follows: Useful life Residual Value Scuba tanks Office & Shop Equipment 2 years $40 Credit (5) 2.580 1,580 25,800 otka/Desktop/ACCT1008%20SP2202020%20Assignments20Pa 19200920-20FINAL.pdf Unadjusted Trial Balance As at 30 June 2020 Debit ($) Cash 4.800 Accounts Receivable 28,800 Inventory 11 July 2019) 34,400 Prepaid Rent 1,440 Suba tanks 12,800 Accumulated Depreciation - Scuba tanks Office & Shop Equipment 3.200 Accumulated Depreciation - Office and Shop Equipment Accounts Payable A Chovi, Capital (1 July 2019) A Chovi, Drawings 10,000 Sales Sales Returns & Allowances 1,800 Discount Allowed 320 Purchases 112.160 Interest Revenue Electricity Expense 1.720 water Expense 960 Sales Staff Wages 16,000 Local Government Rates Expense 640 Insurance Expense 4,800 Advertising Expense 3,000 Rent Expense 6.480 46,400 166.240 720 Totals 243,320 243,320 ACCT1000SP22000200signment Parts 208%20-20FINAL.pdf Aphical to take of inventory at oth June 2020 revealed $44320 on hand 55.200 of the recorded sales represents receipts for scuba tanks which will not be delivered until th July 2020 The prepaid rent was paid on 1 June 2020 and was Shop/Office rent for two months ending ly 2020 Upon receipt of the business's bank statement, Anne realised that the business bank account had earned 512 interest on 30 June 2020 which had been directly paid into the bank account by the bank on that day The accounting records need to be updated for this transaction v itis estimated that of the 30 June 2020 balance of Accounts Receivable is unlikely to be received vil Anne had relied on word of mouth to promote her business to date however Anne decided to advertise her business and products in a popular lifestyle magazine. Anne paid $3,000 at the end of February for the advertising campaign to commence on the 1" of March 2020 for a six-month period w) Sales staff wages owing but not paid as at balance day equal $1,334 Both the scubatanks and Office & Shop Equipment are expected to be used evenly over their useful les The expected total useful lives and residual values of both assets are as follows Useful life Residual Value Office & Shop Equipment 2 years $40 Scooba Dive in Unadjusted Trial Balance As at 30 June 2020 Debit 150 o e a Aphy.calculate of investor lune 2020 revealed 544 330 on hand 55.200 of the recorded sales restes for which will be delivered b y The pregret waspadon 2000 and w hether for two months ending 31 Mly 2020 porto b atement, Arne realised that the business bank account had earned $12 interest on 30 iun 2030 which had been directly to the ba b y the back on the day The need to be adated for this transaction testimated that of the June 2020 balance of Account a bility to be red Anne hadd e her but however Arne decided to advertise her business and product in popular stylemagne Anpad 1000 at the end of terror the t ore on the 1 of March 2020 for a month period s Solesale wings and a balance day 51.834 Viboth the Subatanks and Office & shop E ntre d e devlet The do e s and reduses of both weapows Open veen Seo O te ma Credit (5) Accounts Receivable Inventory (11 July 2019 Prepaid Rent Suha tanks Accumulated Deprecation Scuba tanks Office & Shop Equipment Accumulated Depreciation Office and Shoptiment Desi 380 2 34,400 1.4.60 12800 A Chovi, Capital 1 luly 2011 A Chovi, Drawings Sesers wances 112.10 1,720 water Espen 3.000 dop 100.20220200020Aignments. . %20-20INAL.pdf # A physical stocktake of inventory at Both June 2020 revealed 544320 on hand, $5,200 of the recorded sales represents receipts for scuba tanks which will not be delivered until 7th July The prepaid rent was paid on 1 June 2020 and was Sopomice rent for two months ending 31 July 2020 M] Upon receipt of the business's bank statement, Anne realised that the business bank account had earned 512 interest on 30 June 2020 which had been directly paid into the bank account by the back on that day. The bounting records need to be updated for this transaction v] It is estimated that of the 30 June 2020 balance of Accounts Receivable is unlikely to be received Anne had relied on word of mouth to promote her business to date however Anne decided to advertise her business and products in a popular lifestyle magazine, Anne paid $3,000 at the end of February for the advertising campaign to commence on the 1" of March 2020 for a six-month period i) Sales staff wages owing but not paid as at balance day equal $1,334 will both the Scuba tanks and Office & Shop Equipment are expected to be used avenly over their useful lives The expected total useful lives and residual values of both assets are as follows: Useful life Residual Value Scuba tanks Office & Shop Equipment 2 years $40 Credit (5) 2.580 1,580 25,800 otka/Desktop/ACCT1008%20SP2202020%20Assignments20Pa 19200920-20FINAL.pdf Unadjusted Trial Balance As at 30 June 2020 Debit ($) Cash 4.800 Accounts Receivable 28,800 Inventory 11 July 2019) 34,400 Prepaid Rent 1,440 Suba tanks 12,800 Accumulated Depreciation - Scuba tanks Office & Shop Equipment 3.200 Accumulated Depreciation - Office and Shop Equipment Accounts Payable A Chovi, Capital (1 July 2019) A Chovi, Drawings 10,000 Sales Sales Returns & Allowances 1,800 Discount Allowed 320 Purchases 112.160 Interest Revenue Electricity Expense 1.720 water Expense 960 Sales Staff Wages 16,000 Local Government Rates Expense 640 Insurance Expense 4,800 Advertising Expense 3,000 Rent Expense 6.480 46,400 166.240 720 Totals 243,320 243,320 ACCT1000SP22000200signment Parts 208%20-20FINAL.pdf Aphical to take of inventory at oth June 2020 revealed $44320 on hand 55.200 of the recorded sales represents receipts for scuba tanks which will not be delivered until th July 2020 The prepaid rent was paid on 1 June 2020 and was Shop/Office rent for two months ending ly 2020 Upon receipt of the business's bank statement, Anne realised that the business bank account had earned 512 interest on 30 June 2020 which had been directly paid into the bank account by the bank on that day The accounting records need to be updated for this transaction v itis estimated that of the 30 June 2020 balance of Accounts Receivable is unlikely to be received vil Anne had relied on word of mouth to promote her business to date however Anne decided to advertise her business and products in a popular lifestyle magazine. Anne paid $3,000 at the end of February for the advertising campaign to commence on the 1" of March 2020 for a six-month period w) Sales staff wages owing but not paid as at balance day equal $1,334 Both the scubatanks and Office & Shop Equipment are expected to be used evenly over their useful les The expected total useful lives and residual values of both assets are as follows Useful life Residual Value Office & Shop Equipment 2 years $40