Question
Question 3 8 marks The general journal of Carrie Underwood, Financial Advisor, contains the following entries for the month of June 2019. The business commenced
Question 3 8 marks
The general journal of Carrie Underwood, Financial Advisor, contains the following entries for the month of June 2019. The business commenced on 1 June 2019.
Date |
Particulars |
Debit
|
Credit |
2019 June 1 |
Cash at Bank Capital C. Underwood |
100,000 |
100,000 |
9 |
Cash at Bank Loan |
36,000 |
36,000 |
18 |
Office Equipment Accounts Payable |
45,000 |
45,000 |
22 |
Accounts Payable Cash at Bank
|
22,000 |
22,000 |
Required:
- Post the above transactions to the T-Accounts provided on the following page [5 marks]
- Prepare a trial balance of Carrie Underwood, Financial Advisor, as at 30 June 2019 [3 marks]
Cash at Bank |
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Office Equipment |
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Accounts Payable |
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Loan |
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Carrie Underwood, Capital |
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