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4 Gmail .il 10:57 AM @ 72% X Read Only - You can't save changes to this file. Save a copy o January 17th sold 80 units of resources for $450 each on credit totaling $36,000 on credit. o January 20th Aila Skin Care collected $4,700 from customers for products sold during the month. o January 22d Paid $45,260 on accounts payable to everything fresh factory ($43,200) and machinery and more factory ($2,060). o January 23"d Received accounts receivable for $5000 from clients via online bank transfer for skin consultation services. January 24th Received accounts receivable for $36,000 from inventory sold on credit (80 units) o January 25th Received a utility bill for $2,350 for the month of January. o January 26th Collected cash payment for $7,000 of inventory sold (20 units) o January 27th Paid $13,640 rental expense for the month of January and February. o January 28th Customers purchasing in bulk only received half of the products worth $3,400 of which $1,700 is unearned revenue. o January 29th Salaries are paid Monday-Friday $300 per day, January ends on a Wednesday. o January 30th Each of the members took $1,500 for personal use from Aila bank account totaling to $6,000.4 Gmail ..l 10:56 AM 0 72% acc gp AD 0 Q E . . . Read Only - You can't save changes to this file. Save a copy Transactions Made: o January 5th Each of the Aija members invested $30,000 of their personal savings to the business, totaling $120,000. o January 9" A Mini Van was purchased at $10,000. The minivan will be depreciated over a useful life for 7 years at which time it is expected to have a residual value of $2000. o January 9th Purchased a 12-month insurance policy minivan for $3000. o January 10th Purchased office furniture for $16,000. The furniture will be depreciated over a useful life of 10 years at which time it is expected to have a residual value of $3,800. o January 11th, supplies were purchased at a cost of $2660, of which $600 was paid in cash and the $2060 for accounts payable from MAM factory (machinery and more). Terms: 2/10, n/30, DDP suppliers' warehouse. 4 Food Processors for $50 each totaling $200 2 Freezer for $200 each totaling $400 1 Logo Printer for $2000 totaling $2000 3 jumbo eco-friendly paper rolls for $20 each totaling $60 o January 11", delivery duty paid $500 by MAM factory for supplies bought by Aila skin care. o January 15" Resources were purchased 240 units for $180 each on credit totaling $43,200 from everything fresh factory. Terms: 5/10, n/30, EXW resources warehouse: Bulk fruits for $10,800 Bulk Nuts, seeds and spices for $10,800 Oils for $10,800 Bulk Vegetables for $10,800 o January 16th paid $350 on freight costs for resources purchased on 15" January