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K M N E F G H 1 Assignment 2 2 18 April 2022, Andy Allen, opened a new Computer Repair Business in Ortawa The

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K M N E F G H 1 Assignment 2 2 18 April 2022, Andy Allen, opened a new Computer Repair Business in Ortawa The business is called, Andy's Computer Repairs 5 He has hired you to assist him with oumalizing the transactions for the 8 first month of operations 7 B The transactions for the month are listed below: 0 10 April 11 1 Andy Allen invested $5,000 worth of computer equipment and $50,000 cash in the 12 new business 13 4 Eamed 58,000 fees put on account. Customer EM 14 5 Purchased vehicle for $45,000, paying $20,000 in cash and the remainder on credit 15 5 Paid $3.000 for rent for Apel 10 10 Purchased $2,500 of supplies on account from Barretts Office Supplies 17 13 Received 57,000 in cash from 18M for work performed cater in the month 18 20 Paid one hallowed to Barets Office Supplies 10 25. Paid wages of $2,250 20 28 Paid the telephone and intemel bill in amount of 51,200 for the month of April 21 29 Andy paid his first advertsing bill from the local paper in amount of $1,950. 22 30 Famed 54.000 in foes, received $2,000 of cash today and the customer put the 23 remaining balance on account 24 30 Andy Allen withdrew Cash of $1,750 to buy his grand a birthday present 25 20 27 Chart of Accounts 20 20 Assets Owner's Equity 30 31 101 Cash 300 Andy Allen, Withdrawal 104 Accounts Receivable 301 Andy Allen, Capital 33 120 Equipment 34 125 Vehicle Revenue 35 30 Labitles) 400 Repair Fees Eamed 37 30 204 Accounts Payable Expenses 30 40 500 Advertising Expen 41 505 Rent Expense 42 510 Salaries Expense 43 515 Supplies Expense 520 Telephone Expense 45 46 Required 47 48 Part A Joumalize the transactions in the General Joumallo Med on the worksheet 49 27 Marka labeled Part A.General Journal 50 Each Entry requires a date and a desorption 51 - Leave a space between each entry 52 53 Parts Post the entries from Part A into the General Ledger found on the 546 54. Marke worksheet labeled Part 8 General Ledger 55 A running balance must be calculated 5 -Posting References are required on both the General Joumal and 57 the General Ledger 5 - Completion of the explanation column is optional 50 00 Part Prepare a Taal Balance of April 10, 2022 on worksheet elled 61 18 Marks Part C-Tral Balance 62 Totain are of the Debit and Credit Columns are required 63 54 Part Prepare as Income Statement Statement of Owners Equity, and 65 21 Marks Balance Sheet 06 Be sure your statements are in good for 44 M71 fx A c DELLO GENERAL JOURNAL 0 COMPANY RUWE ORIERI 0 7 GENERAL JOURNAL 40 COMPANY INNE Du Account id Desceptie PRILOR DIE 44 40 46 47 48 40 50 55 52 52 54 Question and Chart of Accounts Details and Hints Part A - Ge

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