Question
Year Month Day 1 20 21 Feb 1 You invest to open a business called, < < Canoli >>, consultant. $ 50 ,000.00 2 20
| Year | Month | Day |
|
|
|
1 | 2021 | Feb | 1 | You invest to open a business called, <<Canoli>>, consultant. |
| $50,000.00 |
2 | 2021 | Feb | 1 | You pay the rent +GST +QST |
| $1,000.00 |
3 | 2021 | Feb | 2 | You buy cash Computer Equipment for +GST + QST |
| $4,000.00 |
4 | 2021 | Feb | 3 | You provide professional services to customer cash +GST + QST |
| $6,050.00 |
5 | 2021 | Feb | 3 | you paid the electricity bill +GST + QST |
| $430.00 |
6 | 2021 | Feb | 4 | You buy cash Office Equipment for +GST + QST |
| $4,130.00 |
7 | 2021 | Feb | 5 | You provide professional services to customer on Acct +GST +QST |
| $5,080.00 |
8 | 2021 | Feb | 6 | You buy cash Office supplies for +GST + QST |
| $352.00 |
9 | 2021 | Feb | 9 | You pay salaries expenses (secretary) |
| $1,020.00 |
10 | 2021 | Feb | 9 | You pay salaries expenses (Owner) |
| $1,550.00 |
11 | 2021 | Feb | 11 | You receive payment from customer for services previously charged |
| $1,000.00 |
12 |
2021 | Feb | 12 | You buy on Account from supplier: Computer equipment+GST+QST |
| $1,845.00 |
13 | 2021 | Feb | 13 | You withdraw for personal use |
| $1,000.00 |
14 | 2021 | Feb | 19 | You make partial payment on accounts payable |
| $500.00 |
15 | 2021 | Feb | 24 | You buy cash Office Equipment for +GST + QST |
| $1,400.00 |
16 | 2021 | Feb | 24 | You withdraw for personal use |
| $1,000.00 |
17 | 2021 | Feb | 28 | You provide professional services to customer cash +GST + QST |
| $3,500.0 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Audit Analytics In The Financial Industry
Authors: Jun Dai
3rd Edition
1787430863, 9781787430860
