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Need Journal Entries and T Accounts. Also, Please find the Total Expenses for the firm. 154% HIS Q Dec. 1 Daniel Nica invested $82,000 cash,
Need Journal Entries and T Accounts. Also, Please find the Total Expenses for the firm.
154% HIS Q Dec. 1 Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and $11,000 of office equipment in the business. 2 Paid three months of rent in cash in advance; $9,000. 3 Purchased computer supplies on credit for $2,000 from Compute depot Suppl 6 Billed Maher Electric $9,300 for installing a new computer system. 7 Reimbursed Daniel Nica's business automobile expense for 1,000 kilometres at $1.80 per kilometre. 12 Billed Maher Electric another $15,000 for computer services rendered. 15 Received $6,300 from Maher Electric on its account. 17 Paid $400 in cash to repair equipment damaged when moving into the new office. 20 Paid $1,500 in cash for an advertisement in the local newspaper. 22 Received the balance owing from Maher Electric on its account. Billed Five Acre Resort $4,600 for 28 services. 31 Paid subcontractor Leagh O'Keefe for five days' work; total amount $2,000 3 ENG 10:31 AM 2020-06-26Step by Step Solution
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