September 1st, 2019, Mr. V has the following Assets. A Computer worth $600, $37 in cash, a car worth $25000, and other possessions worth $1000. Mr. V has the following liabilities: $34000 in bank loans, a $14000 loan from his parents, a $1200 credit card bill, and a $45 phone bill.

How to make ledger and journal based on this transaction

Asus All a number of September 15, 2019 cash of September 1, 2019, Mr. V has the V has the following Assets. A Computer worth $600, $37 in cash, a car worth $25000, and other possess wier possessions worth $1000. Mr. V has the following liabilities: $34000 in bank toans, a $14000 loan from his parents, a $1200 credit card bill, and a $45 phone bill. A) Use Mr. V's information to create a balance sheet for September 19 2019. Make sure to calculate his Net Worth B) Complete the following transactions then create and Income Statement and Jep. statement for Mr.V. During the Month of September, Mr. V makes the following Transactions: 1. Mr. V buys coffee for $10. 2. Mr. V Pays $500 for his rent for September. 3. Mr. V Pays $500 for his rent for October. 4. Mr. V wins $1000 cash in a lottery. 5. Mr. V gets a haircut for $25. 6. Mr. V is paid $4000 for teaching for September. 7. Mr. V pays $2000 of his bank loan. 8. Mr. V pays his $1200 credit card bill. 9. Mr. V pays his $45 phone bill. 10. Mr. V pays $100 interest on his loans. 11. Mr. V buys a $1000 desk chair using his credit card. 12. Mr. V uses gets a bill for his phone for $45 which he will pay next month. Asseses Cash liability Bank loans 34000 Computer loans Itovo Coc 25 000 Credre card ball 1200 phone bill other possessions 1050 total lia 49245 Total 26637