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Question Completa Transactions for Pearl Co for the month of December are preceded to 1 Pearl, the owner, invested an additional BHD40,000 cash in the
Question Completa Transactions for Pearl Co for the month of December are preceded to 1 Pearl, the owner, invested an additional BHD40,000 cash in the true 2. Purchased and costing BHD28 000 for cash 3. Purchased supplies on account for BHD800 4. Paid BHD1,000 for a one-year insurance policy 5. Received BHD3,000 cash for services performed Requirements (A) Journalize each transaction and identity each transaction by number You may om journal explanations Example: 1. Paid BD 500 for office maintenance. Answer: 1. Dr. Office Maintenance expense BD 500 Cr. Cash BD 500 (B) After recording all the transactions in PARTA, what is the cash balance? Iyou MUST Show your calculation
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