services is shown below. Jasmine Enterprise Trial Balance as at 30 September 2014 Debit (RM) Account Credit (RM) Cash 10,200 Account receivable 2,640 Supplies Fittings Account payable 2,520 9,600 6,840 Unearned revenue 720 | Capital 17,400 Total 24,960 24,960 The following are the business transactions in the month of October: |Oct 4 11 Received cash of RM1,560 from due accounts of the customers Sent a bill to a customer for a consultancy service worth RM4,200 15 Paid workers' salaries of RM1,440 Provide consultancy service to a customer who has paid a deposit of RM720 in May 18 20 Paid RM 1,320 to creditors 28 Jasmine took out cash of RM400 for her personal use 31 Paid utilities of RM840 Required: a. Prepare journal entries for the above transactions. b. Post to the appropriate ledger accounts c. Prepare the trial balance as at 31 October. 2014 for Jasmine Enterprise.

services is shown below. Jasmine Enterprise Trial Balance as at 30 September 2014 Debit (RM) Account Credit (RM) Cash 10,200 Account receivable 2,640 Supplies Fittings Account payable 2,520 9,600 6,840 Unearned revenue 720 | Capital 17,400 Total 24,960 24,960 The following are the business transactions in the month of October: |Oct 4 11 Received cash of RM1,560 from due accounts of the customers Sent a bill to a customer for a consultancy service worth RM4,200 15 Paid workers' salaries of RM1,440 Provide consultancy service to a customer who has paid a deposit of RM720 in May 18 20 Paid RM 1,320 to creditors 28 Jasmine took out cash of RM400 for her personal use 31 Paid utilities of RM840 Required: a. Prepare journal entries for the above transactions. b. Post to the appropriate ledger accounts c. Prepare the trial balance as at 31 October. 2014 for Jasmine Enterprise.

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter5: Accounting Systems

Section: Chapter Questions

Problem 1E: Using the following revenue journal for Bowman Cleaners Inc., identify each of the posting...

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What I Have Learned Directionn: repare the trial balance of Mabait Computer Rnpains. The normal Bocount balance ns of Aptil 30, 2017 is glven. Write your answers on a ocparste sheet of paper. 501 Salaries Expense IDI Cash 102 Acunts Recelvable N,000.0 1810DC 15,000 401 Service Revenue 301 Mabait, Capital 502 Supplics Expense 193 Eqipenent 201 Accounts Payable 25,000 200.000 5,000 25,000 5.000 What I Can Do Directiona: Prepare the trial balance of Juan Maslpag Reurultment Agency, The normal acceunt balance as of December 31. 2019 ia given. Write your anwers on a separate sheet of paper. 502 Strpplies Experise 202 Notes Payable 102 Accounta Receivable 504 Utilitien Expense 15.000 P 1a5,000 28,500 30,000 302 Masipag, Withdrawals 503 Rent Expense 18,000 15,000 375.000 75,000 21,000 87,000 103 Bullding 50) Salaries Expense 10i Cash 104 Land 258,000 26,400 9,600 254,700 401 Service Revenues 201 Accotinta Payable 505 Insurance Expente 301 Masipng, Capital 11
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wo transactions were posted to the following customer account. NAME: Boogie Board Water WearADDRESS: 2340 Xtreme Surf Date Item Post. Ref. Debit Credit Balance July 1 Balance 805 6 Invoice No. 406 R42 645 1,450 24 Invoice No. 456 CR56 710 740 Describe each transaction and the source of each posting. July 6 Sold $_______on account to Boogie Board Water Wear. July 24 Cash of $_________ was collected from Boogie Board Water Wear.
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Additional Activities Directions: Do the task listed bélow using the transacions of Matapang Company for Deccmber 2019. Writc your answers on a separate sheet of paper. 1. Prepare the journal entries. 2. Post each transaction to its ledger account. 3. Prepare the trial balance. 4. Use the provided account numbers. Ralph Matapang cstablishcd Happy Repair Busincss. The following are the transactions for the montb of Decembocr 2019. Dec. He invested P150,000 in the firm. He paid P8,000 for monthly rent. He bought supplies on account amounting to P7,200. He purchascd office equipment amounting to P75,000. paid P37,000 and the balance on account. 2. 2. 3. He paid accounts payable for supplies purchased worth P7,200. He paid P6,000 for the salary of an employec. He received P20,000 for services rendered. He billed clients P48,000 for services on account. 8. 14. 20. 28. 31. Matapang withdrew P12,000 for his personal use. 302 Matapang, Drawings 401 Service Revenue 101 Cash 102 Accounts…
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xamus - cdn.student.uae.examus.net/?rldbqn=1&sessi... ACCT101_FEX_2021_2_Male A company purchased merchandise on credit with terms Ac Payable if the company pays SR485 cash on this account within ten days? e18 3/15, n/3O. How much will be debited to 33 - 34 abe18ce33 b. Accounts Payable should be credited in а. 485 113:22 9 కోల С. 470.45 95abe18ce 33 d. 500 95abe18ce 95abe18ce33 95aber8ce33 95abe18ce33 95abe18ce33 95abe18ce33 MacBook Pro F3 888 F4 FS E 5 F7 67 7 V T. 8 A 9 Y 6. U 11 9.
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m AA Priva × system er... G governm... cv.blackboard.com G administr... Departm... BUS 241 - Principles Of Accounting | (20953) Mastery Assignment Instructions PA6.) Review the following transactions for Dish Mart and record any required journal entries. Note that all purchase transactions are with the same supplier. Nov. 5 Dish Mart purchases 26 sets of dishes for $460 per set with cash. Nov. 9 Dish Mart purchases 30 sets of dishes for $430 per set on credit. Terms of the purchase are 10/15, n/60, invoice date November 9. Nov. 13 Dish Mart discovers 5 of the dish sets are damaged from the November 9 purchase and returns them to the supplier for a full refund. G reese rd e... Nov. 14 Dish Mart purchases 10 sets of dishes for $450 per set, on credit. Terms of the purchase are 10/10, n/60, invoice date November 14. Û + O Nov. 15 Dish Mart discovers that 2 of the dish sets from the November 14 purchase and 4 of the dish sets from the November 5 purchase are missing a few dishes but keeps…