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required:- in your own language , explain all transaction in table in one page. Date Ref. Debit Credit The following transactions 15000 made by Arab
required:- in your own language , explain all transaction in table in one page.
Date Ref. Debit Credit The following transactions 15000 made by Arab 15000 company for 8000 8000 the first six 4000 months 4000 200 1. The company issued ordinary shares for 15000$ 200 800 cash. 800 Account title and Explanation Cash Share capital Equipment cash Equipment Account payable Cash Rent expenses Cash salaries expenses Cash Account receivable Utilities expense cash Equipment Cash Note payable Cash Service revenue Supplies cash 2. Purchased 500 500 equipment for 8000$ cash. 3. Purchased 150 150 equipment for 12000 4000$ on 2000 account. 10000 3000 4. Paid office rent 3000 of 200$ 500 5. Paid salaries of 500 800$. 6. Collected 5000$ of account receivable 7. Paid 150$ for utilities. 8. Purchased equipment for 12000 paying 2000$ cash and signed 10000$ note payable. 9. Received 3000 for service provided. 10. Purchased 500$ of supplies for cashStep by Step Solution
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