DATE | TRANSACTIONS | ||
2019 | |||
Sept. | 1 | Zack Mason invested $57,000 in cash to start the firm. | |
4 |
Purchased office equipment for $6,200 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. |
||
16 |
Purchased an automobile that will be used to visit clients; issued Check 1001 for $14,200 in full payment. |
||
20 | Purchased supplies for $490; paid immediately with Check 1002. | ||
23 | Returned damaged supplies for a cash refund of $155. | ||
30 | Issued Check 1003 for $3,550 to Den, Inc., as payment on account for Invoice 9823. | ||
30 | Withdrew $2,700 in cash for personal expenses. | ||
30 | Issued Check 1004 for $1,550 to pay the rent for September. | ||
30 | Performed services for $2,600 in cash. | ||
30 | Paid $420 for monthly telephone bill, Check 1005. |
Post the above transactions into the appropriate Ledger
accounts.
(I need help ensuring that i have correctly written down my homework based on me entering the transactions accordingly in the below ledger, everything has to be entered correctly, debits, credits starting with the September 1st though the September 30th transactions)
CASH | ACCOUNT NO. 101 | ||
DATE | DEBIT | CREDIT | BALANCE |
ACCOUNTS RECEIVABLE | ACCOUNT NO. 111 | ||
DATE | DEBIT | CREDIT | BALANCE |
SUPPLIES | ACCOUNT NO. 121 | ||
DATE | DEBIT | CREDIT | BALANCE |
The remainder of what i need to includes the following
accounts: equipment/ automobile/accounts payable/ Zack mason
capital/ Zack mason drawing/ fees income/ rent expense/ salaries
expense/ telephone expense. All of this has to be entered following
the correct format following the tables above ex: supplies account
no 121, etc..)
DATE TRANSACTIONS 2019 Sept. 1 Zack Mason invested $57,000 in cash to start the firm. 4...
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Selected activity of Mason Consulting Services follow. DATE TRANSACTIONS 2019 Sept. 1 Zack Mason invested $59,000 in cash to start the firm. 4 Purchased office equipment for $6,400 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients; issued Check 1001 for $14,400 in full payment. 20 Purchased supplies for $510; paid immediately with Check 1002. 23 Returned damaged supplies for a cash refund of $165. 30...
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Selected activity of Mason Consulting Services follow DATE TRANSACTIONS 2019 Sept. 1 Zack Mason invested $59,000 in cash to start the firm. 4 Purchased office equipment for $6,400 on credit from Den, Inc. received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients issued Check 1001 for $14,400 in full payment 20 Purchased supplies for $510; paid immediately with Check 1002. 23 Returned damaged supplies for a cash refund of $165. 30...
DATE TRANSACTIONS 2016 Sept. 1 Jewell Tucker invested $52,000 in cash to start the firm. 4 Purchased office equipment for $5,700 on credit from Den, Inc., received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients, issued Check 1001 for $13,700 in full payment. 20 Purchased supplies for $440; paid immediately with Check 1002 23 Returned damaged supplies for a cash refund of $130. 30 Issued Check 1003 for $3,400 to Den,...
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Can someone help me?? I'm not sure what I did wrong. Selected activity of Mason Consulting Services follow. DATE TRANSACTIONS 2019 Sept. 1 Zack Mason invested $59,000 in cash to start the firm. 4 Purchased office equipment for $6,400 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients; issued Check 1001 for $14,400 in full payment. 20 Purchased supplies for $510; paid immediately with Check 1002....
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