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please solve 1. General journal entries 2. post entries to general ledger 3. trail balance 4.income statement 5. owner's equity 6. balance sheet Project 1
please solve 1. General journal entries 2. post entries to general ledger 3. trail balance 4.income statement 5. owner's equity 6. balance sheet Project 1 Month Day You invest to open a business called, >, consultant 2018 Feb $35,000.00 $1,500.00 You pay the rent Feb Note 11 2 You buy cash Computer Equipment for GST - QST You provide professional services to customer cash +GST + QST $5,000.00 $6.250.00 3 you paid the electricity bill +GST + QST $530.00 Note 2 $4,530.00 $5.280.00 | 4 You buy cash Office Equipment for GST + QST 5 You provide professional services to customer on acct +GST+QST You buy cash Office supplies for GST + QST 9 You pay salaries expenses (secretary) Note 5 $452.00 $1,120.00 You pay salaries expenses (Owner) Feb Note 3 $1,750.00 $3,600.00 $2,180.00 10 You sign a 5 month contract with customer 11 You receive payment from customer for services previously Icharged 12 You buy on account from supplier. Computer equipment 1+GST+OST 13 You withdraw for personal use Feb $2.845.00 $1.015.00 Feb Note 4 14 You paid the insurance for 2 years 19 You make partial payment on accounts payable 23 You pay salaries expenses (secretary) 22 You pay salaries expenses (Owner) 24 You buy cash Office Equipment for +GSTOST $4,200.00 $925.00 $1,600.00 $2,500.00 $3,500.00 $2,000.00 $7,887.00 24 You withdraw for personal use 2018 Feb 2s You provide professional services to customer cash +GST + JOST Prepare the following documents 1 General Journal entries 2 Post entries to General Ledger 3 Trial Balance 4 Income statement 5 Owner Equity 6 Balance Sheet Note $825.00 $470.00 1 Computer Equipment linear depreciation on 36 months, residual of 2 Office Equipment linear depreciation on 24 months, residual of 3 The contract start on the 15 4 The insurance is a 2 years contract. 5 The Office Supplies used for the month is $317.00
please solve 1. General journal entries 2. post entries to general ledger 3. trail balance 4.income statement 5. owner's equity 6. balance sheet
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