following account code for posting reference. Write your answers on a Directions: Record the transactions of Jinky Estrada in the general journal. Use the separate sheet of paper. Account Titles Estrada, Capital Consulting Revenues Salaries Expense 101 Cash 301 102 Accounts Receivable 401 103 Office Furniture 501 104 Office Equipment 502 Rent Expense 201 Accounts Payable Jinky Estrada is an experienced event planner. The transactions for Decembe. 2018 are the following: Dec. 1 Jinky invested P100,000 in cash to start her own business. 3 She paid 5,000 for one month's rent. 4 She bought office furniture for P15,000 in cash. 4 She received a laptop computer worth P54,000. She paid 50% as downpayment for it with a balance due in 30 days. She performed services for P12,000 in cash. 7 She did services for P11,000 on credit. 9. She acquired a fax machine for P8,500; paid P4,000 in cash, balance due in 10 days. 11 She received P5,400 from clients on account. 14 She paid P12,000 for salaries. 15 She settled in full the balance for the fax machine.
following account code for posting reference. Write your answers on a Directions: Record the transactions of Jinky Estrada in the general journal. Use the separate sheet of paper. Account Titles Estrada, Capital Consulting Revenues Salaries Expense 101 Cash 301 102 Accounts Receivable 401 103 Office Furniture 501 104 Office Equipment 502 Rent Expense 201 Accounts Payable Jinky Estrada is an experienced event planner. The transactions for Decembe. 2018 are the following: Dec. 1 Jinky invested P100,000 in cash to start her own business. 3 She paid 5,000 for one month's rent. 4 She bought office furniture for P15,000 in cash. 4 She received a laptop computer worth P54,000. She paid 50% as downpayment for it with a balance due in 30 days. She performed services for P12,000 in cash. 7 She did services for P11,000 on credit. 9. She acquired a fax machine for P8,500; paid P4,000 in cash, balance due in 10 days. 11 She received P5,400 from clients on account. 14 She paid P12,000 for salaries. 15 She settled in full the balance for the fax machine.
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter9: Accounting For Purchases And Cash Payments
Section: Chapter Questions
Problem 3AP
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