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The following transactions of Java Mart occurred durink the month of Seotember 2021: You are required to: a) Show the effects of the transactions on
The following transactions of Java Mart occurred durink the month of Seotember 2021: You are required to: a) Show the effects of the transactions on the accounting equation as in the table below. Then, calculate the ending balance of each column and the total balance to prove Asset = Liability + Equity. (12) b) Prepare the journal entries to record all the above transactions (10) c) Prepare the trial balance as at 30 September 2021 . The following transactions of Java Mart occurred durink the month of Seotember 2021: You are required to: a) Show the effects of the transactions on the accounting equation as in the table below. Then, calculate the ending balance of each column and the total balance to prove Asset = Liability + Equity. (12) b) Prepare the journal entries to record all the above transactions (10) c) Prepare the trial balance as at 30 September 2021
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