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WPS Office Menu 1111111111111111111111.pdf x + v Hand Tool W 100% Select Tool Edit Content PDF to Office PDF to Picture Annotate H Rotate Thumbnail
WPS Office Menu 1111111111111111111111.pdf x + v Hand Tool W 100% Select Tool Edit Content PDF to Office PDF to Picture Annotate H Rotate Thumbnail Navigation K < 2/6 > > Home Insert Comment Edit Page Protect Tools 216 HQ Q Auto Scroll Read Mode Background Screen Grab Search Highlight" Note" Question 1 (2.5 marks) On September 1, 2020, D&H Corporation starts the business. In the September, the following transactions were complete. The closing balance of Cash account was $30,000 No 1/9 2/9 5/9 10/9 Transactions Hired three employees to work in the warehouse. They will each be paid a salary of $3,540 per month David invested $...... cash in the company in exchange for ordinary shares Signed a 2 years rental agreement on a warehouse, paid $.... in advance for first year Purchased furniture and equipment costing $. A cash payment of $... was made immediately, the remaining will be paid in 6 months Paid $...... cash for a one year insurance policy on the furniture and equipment Purchased basic office supplies for $ ... cash Purchased more office supplies for $.. on account 12/9 13/9 14/9 20/9 Total revenues earned were S..... cash and $...... on account 22/9 Paid $.... to supplies for accounts payable incurred 14/9 23/9 Received cash $..... from customers in payment of accounts receivable incurred on 20/9 Received utility bills in the amount of $...., to be paid next month 26/9 29/6 Paid the monthly salaries of the two employees, totalling $..... Required: 1. Fill the dot ($........) with a reasonable amount for given transactions above (0.5 marks) 2. Record transactions in General Journal for September, 2020 (0.5 marks) 3. Post the transactions to General Ledgers for September, 2020 (1.0 marks) 4. Prepare Trial Balance for September, 2020 (0.5 marks) 1 Go Premium H 100% e 44 2 % 0 0
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