Required:

Based on the above information, prepare:

(a) General journal for Teenage Style Bag for the period ended 30 June 2019.

(b) General ledger for Teenage Style Bag for the period ended 30 June 2019.

(c) 10- column worksheet for Teenage Style Bag for the period ended 30 June 2019.

General Journal

Date	Account Name	Dr	Cr

General Ledger Sample 1

Hair Styling Supplies
Date	Account	Dr	Date	Account	Cr
1/6	Opening Balance	862	...	...	...
...	...	...	30/6	Closing Balance	...
...	Balance amount	...	...	Balance amount	...
1/7	Opening Balance	...

General Ledger Sample 2

Cash at Bank
Date	Account	Dr	Date	Account	Cr
1/6	Opening Balance	19,843	1/6	General Insurance	2,913
...	...	...	...	...	...
...	Balance amount	...	30/6	Closing Balance	...
1/7	Opening Balance	...		Balance amount

10- Column Worksheet

Account name	Trial Balance		Adjustments		Adjusted Trial Balance		Income Statement		BalanceSheet
	Dr	Cr	Dr	Cr	Dr	Cr	Dr	Cr	Dr	Cr

Proprietor: Ms. Nicole Coffeur Name: Teenage Style Bag Description: Hair and Beauty Salon 2.280 The business has the following opening balances: Cash At Bank Account Receivable Motor Vehicle Account Payable Bank Loan (due 2022) Hair Styling Equipment Hair Styling Supplies Capital $19,843 $22,823 $30,726 $7,071 $28,294 $20,074 $862 Additional Information: Bank loan interest rates (% per year) Motor vehicle useful life (years) Motor vehicle scrap value (S) Insurance paid for months) Rent paid for months) Hair styling equipment useful life (years) Hair styling equipment scrap value (S) Closing stock of hair styling supplies on 30/6 (5) Staff work a 14 day fortnight and are paid on the 15th day. 3,071 693 Amount $653 $795 Transactions: Date Description 1-Jun Paid General Insurance 3-Jun Rent of Business Premises 8-Jun Receive Payment from Account Customers 9-Jun Cash Withdrawals by Owner 13-Jun Purchase books and magazines 13-Jun Payment to Account Payable 15-Jun Staff Wages 16-Jun Facial services fees - Cash 17-Jun Hair styling fees - Account 24-Jun Facial services fees - Cash 25-Jun Motor Vehicle Expenses 26-Jun Hair styling fees - Cash 28-Jun Manicure services - Cash 29-Jun Staff Wages Amount $2,913 $3,552 $1,501 $1,040 $100 $848 $2,415 $1,616 $1,981 $1,574 $291 $1,323 $952 $2,415 Date Description 2-Jun Advertising Expense - Cash 4-Jun Purchase hair styling supplies - account 9-Jun Hair styling fees - Cash 10-Jun Manicure services - Account 13-Jun Sundry Expenses 14-Jun Manicure services - Account 15-Jun Payment to Account Payable 17-Jun Receive Payment from Account Customers 23-Jun Additional cash contributed by owner 24-Jun Hair styling fees - Account 26-Jun Manicure services - Cash 28-Jun Facial services fees - Cash 28-Jun Advertising Expense - Account $1,201 $1,288 $450 $1,112 $1,165 $1,677 $2,653 $1,992 $807 $1,613 $1,219 Comments: - Assume that this assignment involves an existing business that was purchased by the new owner on 1 June 2019. - Note the list of transactions is in date order, left to right, line by line. - Use three separate ledger accounts for revenue, namely hair styling services, manicure services and facial services. All revenues relate to the month of June. - Transactions involve cash unless specified as 'Account'. - Record payments for rent and insurance in prepaid accounts initially. - Information relevant to complete adjusting entries can be found in the top right section of this page. - The periods to which the rent and insurance apply commence on 1 June. - Round your calculations to the nearest dollar