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The following business transactions and business events relate to Andrew's Business Services Pty Ltd. 2020 June 1 4 5 6 7 8 9 10 15
The following business transactions and business events relate to Andrew's Business Services Pty Ltd. 2020 June 1 4 5 6 7 8 9 10 15 16 16 23 28 30 Andrew commenced business with $15 000 given to him by his Aunt Kate. Purchased new computer for his business $1200 on credit. Received $500 for services rendered. Paid rent on office for June $400. Negotiated with Baxter and Michael possible casual employment contracts totalling $1500. Aunt Kate injected a further $2000 gift into Andrew's business. Billed a client $500 for services rendered. Received an invoice for new reception desk $3400. Paid for telephone connection fee $65. Sent a quote for a large prospective job $4800. Paid gas charges $231. Received $250 for consultation work completed. Paid in full for the reception desk bought on 10 June. Paid advertising $200. a. Required Prepare a worksheet for the business transactions for June. (2 marks) Guide: You can use the following headings in the worksheet: Office Date Accounts Office Cash Accounts Capital P/L equipment rec furniture payable b Enter these transactions into ledger accounts for the business. (1 marks)
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