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Lolas Fabulous Boutique General Journal For the month of March 2023 Date Account Debit ($) Credit ($) 1-Mar Cash 50,000 Motor Vehicle 140,000 Capital 190000
Lolas Fabulous Boutique General Journal For the month of March 2023 | ||||
Date | Account | Debit ($) | Credit ($) | |
1-Mar | Cash | 50,000 | ||
Motor Vehicle | 140,000 | |||
Capital | 190000 | |||
2-Mar | Bank | 260,000 | ||
Loan from Victoria National Bank | 260,000 | |||
3-Mar | Store Furniture | 60,000 | ||
Bank | 60,000 | |||
Purchases | 130,000 | |||
Bank | 130,000 | |||
4-Mar | Purchases | 150,000 | ||
Account Payable - Appliance Trading Ltd | 150,000 | |||
Sales | 110,000 | |||
Cash | 110,000 | |||
5-Mar | Accounts Receivable - Designer Collections | 105,000 | ||
Accounts Receivable - Dee's Fifth Avenue | 95,000 | |||
Sales | 105000 | |||
Sales | 95,000 | |||
7-Mar | Purchases | 80,000 | ||
Accounts Payable - Louis Button | 80,000 | |||
8-Mar | Accounts Receivable - Tom Ford | 80,000 | ||
Sales | 80,000 | |||
10-Mar | Purchases | 12,000 | ||
Cash | 12,000 | |||
13-Mar | Purchases Return - Louis Button | 5,000 | ||
Account Payable - Louis Button | 5,000 | |||
15-Mar | Purchases | 35,200 | ||
Accounts Payable - Coco Chantal | 35,200 | |||
16-Mar | Bank | 135,000 | ||
Sales | 135,000 | |||
17-Mar | Cash | 100,800 | ||
Sales Discounts | 4200 | |||
Designer Collection | 105,000 | |||
18-Mar | Bank | 50,000 | ||
Cash | 50,000 | |||
19-Mar | Sales | 4,500 | ||
Dee's Fifth Avenue | 4,500 | |||
Accounts Receivable - Dee's Fifth Avenue | 4,500 | |||
Sales Returns | 4,500 | |||
20-Mar | Accounts Payable - Louis Button | 69,000 | ||
Cash | 63,000 | |||
Purchase Discounts | 6,000 | |||
22-Mar | Utilities Expense - Electricity | 60,000 | ||
Bank | 60,000 | |||
Utilities Expense - Water | 30,000 | |||
Cash | 30,000 | |||
Utilities Expense - Security | 25,000 | |||
Bank | 25,000 | |||
25-Mar | Salaries Expense | 85,000 | ||
Bank | 85,000 | |||
28-Mar | Personal Drawings - Louis Button Ball Gown | 18,500 | ||
Purchases | 18,500 | |||
30-Mar | Bank | 15,000 | ||
Commission Earned | 15,000 | |||
1,913,700 | 1913700 |
do the general ledger for each
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