Question
QUESTION 1: General Journal entries Hal Oumi is the sole proprietor of Gastronomic Delights, a business providing catering services for weddings, special events, corporate functions
QUESTION 1: General Journal entries
Hal Oumi is the sole proprietor of "Gastronomic Delights", a business providing catering services for weddings, special events, corporate functions and private dinners.
Below is a list of transactions that took place during the month of August 2020. Record each of these transactions (where required) using the blank General Journals provided on the following pages.Journals must be correctly formatted and include a narration (explanation) for each entry.
August 1 Gastronomic Delights paid the August electricity bill of $375 in cash.
August 3 Gastronomic Delights purchased 10 white fine china dinner settings at a cost of $200 each. The purchase was paid in cash.
August 5 Gastronomic Delights catered a wedding with 150 guests at a price of $100 per head. The bride and groom paid 20% in cash, with the remaining balance due to be paid within 30 days.
August 12Gastronomic Delights purchased a new laptop computer for $1480. The purchase was made in cash.
August 14Expert Cleaning Ltd cleaned the kitchen and left an invoice for $240, with payment terms of 30 days.
August 19Gastronomic Delights paid waiting staff wages of $4500.
August 27Gastronomic Delights received the balance owing for the wedding that was catered on August 5.
August 29 Hal called an emergency plumber to unblock a drain in his home. He paid the $270 bill he received using the business bank account.
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