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Opening Balances - March 1, 2019 Cash $11,100 Contents of Home $2,300 Automobile House $22,700 $159,400 Unpaid Accounts Bank Loan $5,100 $59,500 Transactions for the
Opening Balances - March 1, 2019 Cash $11,100 Contents of Home $2,300 Automobile House $22,700 $159,400 Unpaid Accounts Bank Loan $5,100 $59,500 Transactions for the month of March 2019. 1. Paid maintenance for the month of March with $1,100 cash. 2. Purchased a new computer worth $2,100 with cash. 3. Paid credit card liability of $4,650. 4. Paid for telephone and electricity for March with $900 cash. 5. Purchased $1,900 of groceries and goods for personal consumption with cash. 6. Deposited $3,300 salary earned during the month. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a deficit. The T-Account fields are labeled by transaction number. Record each transaction by entering the value into the corresponding L-Account field. Required a) Using the information provided, record the opening balances in the T-accounts. b) Record the transactions for the month of March in the T-accounts. Personal Balance Sheet As at March 31, 2019
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