Transaction :
Rebecca Adversting Company
1-Oct Made adversting for Lily's Media Company RM5000 on credit
2-Oct Paid RM680 to buy to untilties
3-Oct Received RM5000 from Lily's Media Company on Oct1
4-Oct Wash and dry 15 pers of workers clothes in Suift Laundry Spent RM150
6-Oct We made high way board Advertising for Paragon Company forms RM1000
6-Oct The company received RM500 from Paragon and
itbills the balance of RM500 on account will pay in
November2nd
8-Oct Rebecca made 15 pers of uniforms from Madidas paid RM1500 by
cash
9-Oct The company made adversting and planning forMadidas company
received RM1000
11-Oct We used delivery for transport pepar from Eastwind
DeliveryCompany RM200
12-Oct The company used delivery for transport
billboard fromEastwind Delivery Company RM5000 on credit
13-Oct The company fixed the machine paid RM2000 by cash
15-Oct The company paid RM5000 on Oct12
17-Oct The company from RM2000 of services for
customers.Receivedcash RM1000 from customer and the balance note
payable
19-Oct The company received RM2500 from customerservice
21-Oct Rebecca paid RM25000 for house rent fee
24-Oct Rebecca buy a computer for her friend'sbirthday spent RM3000
26-Oct The company purchased Equipment spentRM7000
27-Oct The company paid salaries for customer RM3800 by cash
29-Oct Rebecca bought make up for her sister from Pala CompanyRM500 by cash
31-Oct The company received RM450 from customerservices
31-Oct The company received RM200 from print books for students
please finish :
Journal entries
Transaction : Rebecca Adversting Company 1-Oct Made adversting for Lily's Media Company RM5000 on credit 2-Oct...
Transaction : Rebecca Adversting Company 1-Oct Made adversting for Lily's Media Company RM5000 on credit 2-Oct Paid RM680 to buy to untilties 3-Oct Received RM5000 from Lily's Media Company on Oct1 4-Oct Wash and dry 15 pers of workers clothes in Suift Laundry Spent RM150 6-Oct We made high way board Advertising for Paragon Company forms RM1000 6-Oct The company received RM500 from Paragon and it bills the balance of RM500 on account will pay in November 2nd 8-Oct Rebecca...
Transaction :
Rebecca Adversting Company
1-Oct Made adversting for Lily's Media Company RM5000
on credit
2-Oct Paid RM680 to buy to untilties
3-Oct Received RM5000 from Lily's Media Company on
Oct1
4-Oct Wash and dry 15 pers of workers clothes in Suift
Laundry Spent RM150
6-Oct We made high way board Advertising for Paragon
Company forms RM1000
6-Oct The company received RM500 from Paragon and
itbills the balance of RM500 on account will pay in
November2nd
8-Oct Rebecca made 15...
CASH FLOW EXAMPLE 1. Company Y made the following business transactions in the last eight Eight years ago obtained 150000s credit and invested 2000005 to the - Paid-back the credit (loan) with three enf of year payments (700005 years: production of Product A each payment) Annual revenue of Product A 90000$/year Annual expence of Product A has started with 10000S and increased 2000Ş each year 4 years ago Company Y invested 25000$ to the machines of Product A and made...
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3 BBM205/03 Answer ALL questions below. Question 1 Below was the transactions worksheet of Selna Enterprise on April 1, 2020. + ASSETS Cash + + Account Receivables 3,600 Prepaid expenses 1,000 Supplies on hand 350 EQUITY Share capital 7,350 Retained earnings LIABILITY Account payable 4,400 2,000 The following transactions occurred during April: April 1 Collected RM2,000 cash in satisfaction of an amount owed by a customer. April 3 Billed RM3,000 to customers for chairs rented...
1. At the start of the current year, Dave Company had a credit balance in the Allowance for Doubtful Accounts of $6,000. At the end of the year, a provision of 2% of sales was made for estimated bad debts. Sales for the year were $2,000,000 and $37,000 of accounts receivable were written off as worthless. No recoveries of accounts previously written off were made dring the year. After the year-end bad debts adjustment, The year-end financial statements should show:...
1) Although a proprietorship is not a separate legal entity, a partnership is True False 2) Purchasing supplies on credit increases assets while decreasing liabilities. True False 3)On October 15, Gallery Comp. received $12,500 as a down payment on a consuting contract. The amount was credited to Unearned Consulting Revenue By October 31, 10% of the contract was completed. Gallery Corp. needs to prepare an adjusting entry for $1.250. True False 4) Asset, liability and revenue accounts are not closed...