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*Please, don't use handwriting. Example Transaction On October 1, ALaissa opens a new business and deposits 12,000 Riyals in a bank account in the name
*Please, don't use handwriting.
Example Transaction
- On October 1, ALaissa opens a new business and deposits 12,000 Riyals in a bank account in the name of Alaissa Company .
- On October 10, Alaissa Company purchased supplies on account for 2,000 Riyals.
- On October 5, Alaissa Company paid 50,000 riyals for the purchase of land as a future building site .
- On October 18, Alaissa Company received cash of 8,000 Riyals from customers for services provided.
- On October 30, Alaissa Company incurred the following expenses: wages, 5000 Riyals ; rent, 8000 Riyals ; utilities, 4000 Riyals ; and miscellaneous, 200 Riyals .
- On October 30, Alaissa Company paid creditors on account, 9,000 Riyals .
- Alaissa Company purchased 1,300 Riyals of supplies on October 10. Alaissa determined that the cost of supplies on hand on October 30 was 500 Riyals .
- On October 30, Alaissa withdrew 2000 Riyals from Alaissa Company for personal use.
- On November 1, Alaissa Company paid a premium of 2,000 Riyals for an insurance policy for liability, theft, and fire. The policy covers a one-year period.
- On November 1, Alaissa Company paid rent for November , 8000 Riyals
- On November 4, Alaissa Company purchased office equipment on account from Executive Supply Co. for 1800 Riyals .
- On November 6, Alaissa Company paid 1800 Riyals for a newspaper advertisement.
- On November 11, Alaissa Company paid creditors 4000 Riyals
- On November 13, Alaissa Company paid a receptionist and a part-time assistant 9, 000 Riyals for two weeks wages.
- On November 16, Alaissa Company received 3, 000 Riyals from fees earned for the first half of December.
- On November 20, Alaissa Company paid 900 Riyals to Executive Supply Co. on the 1800 Riyals debt owed from the November 4 transaction.
- On November 21, Alaissa Company received 600 Riyals from customers in payment of their accounts.
- On November 23, Alaissa Company paid 1400 Riyals for supplies.
- On November 27, Alaissa Company paid the receptionist and the part-time assistant 1200 Riyals for two weeks wages.
- On November 31, Alaissa Company paid its 300 Riyals telephone bill for the month.
- On November 31, Alaissa Company paid its 200 Riyals electric bill for the month.
- On November 31, Alaissa Company received 2000 Riyals from fees earned.
- On November 31, fees earned on account totaled 1200 Rriyals
- . On November 31, Alaissa withdrew 2000 Riyals for personal use.
JOURNALIZE
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