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QUESTION Gilbert Goh is the owner of GG Associates, a firm providing accounting and secretarial services. Following accounts are maintained in the general ledger of
QUESTION Gilbert Goh is the owner of GG Associates, a firm providing accounting and secretarial services. Following accounts are maintained in the general ledger of GG Associates- Accounts payable Accounts receivable Capital Cash Office supplies Office rent expense Salaries expense Service revenue earned Unearned service revenue The following transactions and events occurred during the month of January 2016: $ 1Gilbert Goh introduced in cash as capital 20000 2Hired a secretary at a salary payable at the end of each month 1900 15Purchased office supplies on account (credit) 2000 17Billed Chris Chan, a client for secretarial services provided 2100 3000 18Received as advance from a client for services to be provided in March 25Received on account from Chris Chan 1000 Paid half the amount due for purchase of supplies on 15 26 January 31Paid office salaries to the secretary 1900 31Paid office rent for the month of January 1500 Required: Prepare the general journal entries to record the transactions that occurred during January 2016. Include narrations. Ignore GST. January
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