following account code for posting reference. Write your answers on a Jinky Estrada is an experienced event planner. The transactions for December Directions: Record the transactions of Jinky Estrada in the general journal. Use the separate sheet of paper. Account Titles 301 Estrada, Capital 101 Cash Consulting Revenues Salaries Expense 401 102 Accounts Receivable 501 103 Office Furniture Office Equipment 502 Rent Expense 104 201 Accounts Payable 2018 are the following: Dec. 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 compu 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. 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 Jinky Estrada is an experienced event planner. The transactions for December Directions: Record the transactions of Jinky Estrada in the general journal. Use the separate sheet of paper. Account Titles 301 Estrada, Capital 101 Cash Consulting Revenues Salaries Expense 401 102 Accounts Receivable 501 103 Office Furniture Office Equipment 502 Rent Expense 104 201 Accounts Payable 2018 are the following: Dec. 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 compu 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. 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.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 7SEA
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