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just Part B (T Accounting) Linda Jewel started a business, Jewelry By Design, a proprietorship, in November 2018. The following transactions transpired in November 2018:
just Part B (T Accounting)
Linda Jewel started a business, Jewelry By Design, a proprietorship, in November 2018. The following transactions transpired in November 2018: November 01: Linda Jewel deposited $5,000 of her personal funds to Jewelry By Design November 01: Jewelry By Design paid $1,000 for November's rent. November 10: Jewelry By Design invoiced a customer $7,000 regarding creating necklaces for the customer. November 13: Jewelry By Design paid $700 cash for office supplies and purchased on account $3,000 office furniture, November 20: Jewelry By Design attended a craft fair and received $3,500 cash for selling bracelets. November 22: Jewelry By Design collected payment for the November 10 sale. November 26: Jewelry By Design paid $1,500 accounts payable. TRU Open Learning ACCT 1211. Accounting A23 Required: A. Prepare journal entries for the above transactions. B. Post the journal entries to T-accounts. Identify the postings by date. Date the ending balance of each T-account Nov. 30. B Step by Step Solution
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