TEK ONE-SX 1 The Brige Spot is sole proprietarakip that sella lupa and light fitting to tradespeople, an account and to the general public on cash basis. Your role is the temporary bookkeeper for Agent Your responsibilities include recording the reversing entries and the monthly transactions, pouting performing month-end procedures, and preparing the financial statements The Arlett Sorot uses four specialised journals. generat surat and a general ledger. The July 31 Trial Balance is shown below and these account balances are recorded in the General leder. M: GENT SALES are 2/10 / August 1: Reed supplier invoice free The Rubber Porots for office supplies, 345, terns 30 - office Supplies are not trading stock) The Brel TIR T/2018 Current Arrats ht 125 Prepare the necessary in Entries in General Journal forest. Accounts receivable GENIAL JOURNAL Inventory CR Supplies and Sales Swayati Prepaid rent 500 900 Prepaid insurance 00 Plant Asset Office Swayable Store Loupent at cost 1 000 Salaries Expense 100 Store Bette. 6,600 office Equipent at cost Telephone Paste 210 Office Equipment tee. Op 2.500 Telephone Experise Delivery Truck at cost 21000 Delivery Tracket. Op 100 sticky Patte Liabilities Account Pablo 30,150 Sales Solaris Parable 900 office salaris Payable Telephone Peable 400 Electricity Payable On But Capital 154,940 16.000 Note THE BU On completion of such 'Practice Set' Tuak ask your teacher for feedback TOTAL 209, 310 100 45 300 TASK 1 Prepare the necessary reversing entries in General Journal format. GENERAL JOURNAL Date Particulars DR CR Aug 1 Sales Salaries Payable 900 S S Expense 900 300 Office Salaries Payable O/Salaries Expense 300 250 Telephone Payable Telephone Expense 250 The Bright Spot. Tr181 Balance 31/7/20XX Current Assets Debit Credit Cash 40, 125 Accounts Receivable 4, 725 Inventory RRRRRRR Supplies on hand 516 Prepaid rent 500 Prepaid insurance 800 Plant Assets Store Equipment at cost 18,000 Store Equipment Acc. Don 6,400 Office Equipment at cost 4,500 office Equipment Acc. Don 2,500 Delivery Truck at cost 23,000 Delivery Truck Acc. Dpn 6,500 Liabilities Accounts Payable 36,150 Sales Salaries Payable 900 Office Salaries Payable 300 Telephone Payable 400 Electricity Payable 250 Owners Equity Capital 154,910 Drawings 16,000 Income sunary TOTAL 208,340 45 Electricity Payable Electricity Expense 45 Note: On completion of each 'Practice Set' Task ask your teacher for feedback. TEK ONE-SX 1 The Brige Spot is sole proprietarakip that sella lupa and light fitting to tradespeople, an account and to the general public on cash basis. Your role is the temporary bookkeeper for Agent Your responsibilities include recording the reversing entries and the monthly transactions, pouting performing month-end procedures, and preparing the financial statements The Arlett Sorot uses four specialised journals. generat surat and a general ledger. The July 31 Trial Balance is shown below and these account balances are recorded in the General leder. M: GENT SALES are 2/10 / August 1: Reed supplier invoice free The Rubber Porots for office supplies, 345, terns 30 - office Supplies are not trading stock) The Brel TIR T/2018 Current Arrats ht 125 Prepare the necessary in Entries in General Journal forest. Accounts receivable GENIAL JOURNAL Inventory CR Supplies and Sales Swayati Prepaid rent 500 900 Prepaid insurance 00 Plant Asset Office Swayable Store Loupent at cost 1 000 Salaries Expense 100 Store Bette. 6,600 office Equipent at cost Telephone Paste 210 Office Equipment tee. Op 2.500 Telephone Experise Delivery Truck at cost 21000 Delivery Tracket. Op 100 sticky Patte Liabilities Account Pablo 30,150 Sales Solaris Parable 900 office salaris Payable Telephone Peable 400 Electricity Payable On But Capital 154,940 16.000 Note THE BU On completion of such 'Practice Set' Tuak ask your teacher for feedback TOTAL 209, 310 100 45 300 TASK 1 Prepare the necessary reversing entries in General Journal format. GENERAL JOURNAL Date Particulars DR CR Aug 1 Sales Salaries Payable 900 S S Expense 900 300 Office Salaries Payable O/Salaries Expense 300 250 Telephone Payable Telephone Expense 250 The Bright Spot. Tr181 Balance 31/7/20XX Current Assets Debit Credit Cash 40, 125 Accounts Receivable 4, 725 Inventory RRRRRRR Supplies on hand 516 Prepaid rent 500 Prepaid insurance 800 Plant Assets Store Equipment at cost 18,000 Store Equipment Acc. Don 6,400 Office Equipment at cost 4,500 office Equipment Acc. Don 2,500 Delivery Truck at cost 23,000 Delivery Truck Acc. Dpn 6,500 Liabilities Accounts Payable 36,150 Sales Salaries Payable 900 Office Salaries Payable 300 Telephone Payable 400 Electricity Payable 250 Owners Equity Capital 154,910 Drawings 16,000 Income sunary TOTAL 208,340 45 Electricity Payable Electricity Expense 45 Note: On completion of each 'Practice Set' Task ask your teacher for feedback