Question
Prepare the GENERAL ENTRIES for BM Inc. for the month of December 2022 12/1/2022 Revenue total $86,000. Cash paid $50,000 and $36,000 on account 12/2/2022
Prepare the GENERAL ENTRIES for BM Inc. for the month of December 2022 | ||||||
12/1/2022 | Revenue total $86,000. Cash paid $50,000 and $36,000 on account | |||||
12/2/2022 | Material Purchased for $43000. Cash paid $23,000, Credit Card payment $10,000 & rest $10,000 on account | |||||
12/4/2022 | Revenue $12,000 paid by a post dated cheque on 12 Jan 2023 | |||||
12/5/2022 | Bought a vehicle for $22,000 on account | |||||
12/7/2022 | Salary outstanding $6,000 for the month Dec 2022 | |||||
12/10/2022 | Owner invested $15,000 cash and Equipment valued at $6,000 into the business | |||||
12/13/2022 | Owner withdrew $5,000 cash against his Capital investment | |||||
12/24/2022 | Advance salary paid $1,000 to an employee | |||||
12/25/2022 | Lawyer send a invoice for $$2,000 for legal fee, but not paid yet | |||||
12/31/2022 | Bank Charged $75 and Interest Received $30 |
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
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