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made the following transactions: Date Transaction Amount () 3-1-2019 Paid annual rent of the shop 3,500 18-1-2019 Purchased keep fit equipment on credit 5,000
made the following transactions: Date Transaction Amount () 3-1-2019 Paid annual rent of the shop 3,500 18-1-2019 Purchased keep fit equipment on credit 5,000 22-2-2019 Borrowed bank loan 1,000 27-2-2019 Purchased plant and Machinery 2,000 19-3-2019 Sold keep fit equipment (Cash) 10,000 28-3-2019 Sold keep fit equipment on credit 2,500 18-5-2019 Payments to suppliers 5,000 7-6-2019 Payments received from credit customers 2,500 14-8-2019 Interest on bank loan paid 1,600 14-10-2019 Other expenses all paid in cash 1,900 Required: 1- Pass the Journal Entries (Completed in previous workshop) 2- Prepare Ledger Accounts (Completed in previous workshop) 3- Make a Trial Balance from Ledger Accounts (we will focus on this one
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
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