The Puchita CO. Transactions Date Accounting Transaction Thai Baht Pakanan invested cash in company Jan. 27 Jan. 27 1,250,000 Porrarat invested cash in company 1,300,000 Jan. 27 Jun Li invested computer equipment in company 450,000 Feb. 1 Company puchased annual insurance premium Company purchased office equipment on credit Company paid for two month's rent Company purchased office supplies on credit Company paid cash for February cleaning services Company purchased electrical equipment total price as 60,000 Baht, but on 12,000 Feb. 2 610,000 Feb. 3 12,000 Feb. 5 30,000 Feb. 10 2,500 Feb. 12 60,000 this date company paid cash to the seller only 40000 Baht Company completed services and received cash Company provided services to Jinnipa on credit Company paid cash for purchasing office equipment on credit on Jan. 29 Company completed services to Pongsiri and she will paid in next 30 days Company collected cash for work completed from Rawin Company paid for employees's salary (since Jan. 27 until Feb. 28) Company received cash from Jinnipa for service provided on Feb.19 Company paid cash for purchasing supplies on credit on Feb. 5 Jun Li withdraw cash for personal use Porarat withdraw cash for personal use 40,000 Feb. 17 14,000 Feb. 19 10,000 Feb. 24 61,000 Feb. 26 12,000 Mar. 3 3,000 Mar. 5 30,000 10,000 30,000 Mar. 10 Mar. 12 Mar. 17 6,400 Mar. 19 14,000 Additional items for March 31, 2021 adjusted entries Expired insurance coverage (a) (b) (c) 2,000 supllied on hand at the end of march Computer equipment - depreciation expense for two month 10,000 9,000 (d) (e) Use the given data of the Puchita CO. to prepare the following requirements 1. Prepare the general journal for all transactions since begin the company and 5 additional items for March 31, 2021 adjusted entries 2. Prepare the income statement 3. Prepare Statement of owner's equity Unpaid salaries since 1 March 30,000 Office equipment - depreciation expense for two month 6,100 4. Calculate current ratio
The Puchita CO. Transactions Date Accounting Transaction Thai Baht Pakanan invested cash in company Jan. 27 Jan. 27 1,250,000 Porrarat invested cash in company 1,300,000 Jan. 27 Jun Li invested computer equipment in company 450,000 Feb. 1 Company puchased annual insurance premium Company purchased office equipment on credit Company paid for two month's rent Company purchased office supplies on credit Company paid cash for February cleaning services Company purchased electrical equipment total price as 60,000 Baht, but on 12,000 Feb. 2 610,000 Feb. 3 12,000 Feb. 5 30,000 Feb. 10 2,500 Feb. 12 60,000 this date company paid cash to the seller only 40000 Baht Company completed services and received cash Company provided services to Jinnipa on credit Company paid cash for purchasing office equipment on credit on Jan. 29 Company completed services to Pongsiri and she will paid in next 30 days Company collected cash for work completed from Rawin Company paid for employees's salary (since Jan. 27 until Feb. 28) Company received cash from Jinnipa for service provided on Feb.19 Company paid cash for purchasing supplies on credit on Feb. 5 Jun Li withdraw cash for personal use Porarat withdraw cash for personal use 40,000 Feb. 17 14,000 Feb. 19 10,000 Feb. 24 61,000 Feb. 26 12,000 Mar. 3 3,000 Mar. 5 30,000 10,000 30,000 Mar. 10 Mar. 12 Mar. 17 6,400 Mar. 19 14,000 Additional items for March 31, 2021 adjusted entries Expired insurance coverage (a) (b) (c) 2,000 supllied on hand at the end of march Computer equipment - depreciation expense for two month 10,000 9,000 (d) (e) Use the given data of the Puchita CO. to prepare the following requirements 1. Prepare the general journal for all transactions since begin the company and 5 additional items for March 31, 2021 adjusted entries 2. Prepare the income statement 3. Prepare Statement of owner's equity Unpaid salaries since 1 March 30,000 Office equipment - depreciation expense for two month 6,100 4. Calculate current ratio
Chapter1: Financial Statements And Business Decisions
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