Question
Make ledgers and trial balance of these also make balance carried out and balance brought down in ledger Sep. 1: Mathew, the owner, invested $
Make ledgers and trial balance of these also make balance carried out and balance brought down in ledger
Sep. 1: Mathew, the owner, invested $ 57,500 cash and $ 32,500 of photography equipment in the business.
04: Paid $ 3,000 cash for an insurance policy covering the next 24 months.
07: Services are performed and clients are given some time to pay $ 10,000.
13: Purchased office supplies for $ 1,400. Cash paid $ 400 and remaining outstanding.
20: Received $ 2,000 cash in photography fees earned previously on Sep 07.
24: The client immediately pays $ 15,000 for services performed.
29: The business acquires photography equipment. The purchase price is $ 100,000, pays $ 25,000 cash rest to be paid later on.
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