{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T09:49:58-04:00", "answer_date": "2024-06-28 09:49:58", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4288765", "url": "\/study-help\/questions\/the-following-transactions-were-completed-during-the-month-of-october-4288765", "question_creation_date_js": "2024-06-28T09:49:58-04:00", "question_creation_date": "Jun 28, 2024 09:49 AM", "meta_title": "[Solved] The following transactions were completed | SolutionInn", "meta_description": "Answer of - The following transactions were completed during the month of October of the current year. 1. Paid Ksh.19,000 for repa | SolutionInn", "meta_keywords": "transactions,completed,month,october,current,year,1,paid,ksh.19,000,repairs,surveying,equipment", "question_title_h1": "The following transactions were completed during the month of October of the current year. 1. Paid Ksh.19,000 for repairs to surveying equipment. 2. Oct 25", "question_title": "The following transactions were completed during the month of October of the", "question_title_for_js_snippet": "The following transactions were completed during the month of October of the current year 1 Paid Ksh 19,000 for repairs to surveying equipment 2 Oct 25 Madi Annu withdrew Ksh 35,000 from the business for personal use 3 Paid Kas 6,500 towards the account payable that arose on Oct 22 4 On 1 st October 2021, Madi Annu began a business as a surveyor by investing cash Ksh 1,800,000 office equipment, Ksh 280,000 and surveying equipment, Ksh 1,920,000 Required Using the following account titles, initial, record the above transaction in a general jounal Cash Accounts Receivable Prepaid Insurance Office Equipment Surveying Equipment Building Land Accounts Mortgage Payable Madi Anni, Capital Madi Annu withdrawals Surveying Fees Earned Wages Expense Machinery Rental Expense Permits Expense, Surveying Equipment ", "question_description": "

The following transactions were completed during the month of October of the current year.<\/p>

<\/p>

1. Paid Ksh.19,000 for repairs to surveying equipment.<\/p>

2. Oct 25 Madi Annu withdrew Ksh.35,000 from the business for personal use.<\/p>

3. Paid Kas.6,500 towards the account payable that arose on Oct 22.<\/p>

4. On 1st<\/sup> October 2021, Madi Annu began a business as a surveyor by investing cash: Ksh 1,800,000; office equipment, Ksh. 280,000 and surveying equipment, Ksh.1,920,000.<\/p>

<\/p>

Required:<\/strong><\/p>

Using the following account titles, initial, record the above transaction in a general jounal.<\/p>

<\/p>

Cash; Accounts Receivable; Prepaid Insurance; Office Equipment; Surveying Equipment; Building; Land ; Accounts Mortgage Payable; Madi Anni, Capital; Madi Annu withdrawals; Surveying Fees Earned; Wages Expense; Machinery Rental Expense; Permits Expense, Surveying Equipment.<\/p>

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