we have to maintain a t account, journal, Income Statement, Statement of owners equity and Balance Sheet with using any amount as an example.

1 Owner invested money into the business (Do this FIRST) 2 Additional investment by owner 3 Billed customer for services performed 4 Took out a bank loan to purchase a delivery vehide 5 Bought equipment with cash 6 Bought furniture with cash 7 Bought office equipment on account 8 Business registration fees paid for in cash 9 Collected money from clients that owed 10 Customer paid for a portion owing from Transaction #3 11 Customer paid for services to be completed next month 12 Owner withdrew from business for personal use 13 Paid a portion of what was owed from Transaction #7 14 Paid employee salaries 15 Paid for a one-year insurance policy 16 Paid for monthly maintenance fees 17 Paid interest on bank loan 18 Paid towards the bank loan 19 Performed services previously paid from Transaction #11 20 Prepaid six months of rent 21 Provided services for customer on account 22 Provided services to clients and received payment 23 Purchased new computers for the office on account 24 Purchased office supplies on account 25 Received a telephone bill to pay later 26 Received and paid utility bill 27 Received payment for services rendered 28 Received payment from client previously owed 29 Bought a delivery vehicle from transaction #4 Used one month of the prepaid insurance policy from transaction 30 #15 31 Used one month of the prepaid rent 32 Was paid for services provided