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need general Journal general ledger worksheet classfied Balance sheet 115 Step 1: Linda Martinex opened up Crazy Lazy Faux Furs on October 15th 2020 -
need general Journal
115 Step 1: Linda Martinex opened up Crazy Lazy Faux Furs on October 15th 2020 - just in time for the Holiday season. She invested $50,000 into the business, - this includes $30,000 in cash, $10,000 for a vehicle, & $5,000 in computer equipment & S5,000 in office supplies, on October 15th. Step 2: October, assume GST of 5% & PST of 7% 15 Paid the rent for the month $2,000 + GST Cheque 100 16 Purchase Invoice No 302 from Ziraldo Corp, for materials to make blankets (due in 15 days), $1,050 + GST (PST included) 17 Purchase Invoice No 123 to Teshima Inc for desks & chairs for $3,350 (due in 15 days) (GST & PST included) 20 Purchase of office supplies from Beatties Stationary, $108 + GST & PST, cheque 101 21 Filled up the car with gas $60, cheque 102 24 Purchased insurance for the business $1,200 from Western Insurance Co this is a one year policy. Cheque 103 25 Hired Webdesign R Us to create a website, and help establish a social media presence Crazylazylauzturs.ca was established Ongoing 1 year contract, $200 per month + GST, cheque 104 26 Sales Invoice 1 First sale was made via the website 50 blankets @ $100 each + GST & PST general ledger
worksheet
classfied Balance sheet
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