Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kirana is a kirei salon entrepreneur. She started starting her salon on August 1 2019. Following are the transactions that took place at the Kirei
Kirana is a "kirei" salon entrepreneur. She started starting her salon on August 1 2019. Following are the transactions that took place at the "Kirei" salon on August 1, Kirana deposited cash as initial capital of Rp. 50,000,000 August 3, Paid rent for business premises for a period of Rp. 18,000,000 August 5, Purchased equipment worth Rp. 1,500,000 August 10, Kirana received bridal make-up services worth Rp. 12,000,000, paid in cash Rp. 8,000,000 and the remainder was paid a week later on August 11. Employees were paid a salary of Rp. 2,300,000 August 13, Received make-up services for 5 graduates worth @Rp. 250,000 August 15, Paid electricity and telephone bills amounting to Rp. 220,000 17 August, received payment services for transactions on 10 18 August, Purchased salon equipment worth Rp. 15,000,000 on credit August 20, Kirana took cash amounting to Rp. 1,700,000 for personal needs August 23, Kirana borrowed money from the bank Rp. 8,000,000 u 25 August Kirana placed advertisements through newspapers and brochures amounting to Rp. 450,000 valid for one year with an installation schedule of one month prepare a general journal for these transactions?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
General Journal for Kirei Salon Date Account Debit Rp Credit Rp August 1 Cash 50000000 Capital 50000000 Kirana deposited cash as initial capital Augus...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started