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    P7#2

    Uploaded by

    handuganalexa

    Copyright:

    © All Rights Reserved
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    P7#2

    Uploaded by

    handuganalexa
    2 views1 page

    Copyright

    © © All Rights Reserved

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2 views1 page

    P7#2

    Uploaded by

    handuganalexa

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Date Account Titles and Explanation PR Debit Credit Date Account Titles and Explanation PR Debit Credit

    2024 14 Salaries Expense 6,000


    Dec. 1 Cash 150,000 Cash 6,000
    Detoya Capital 150,000 Paid for assisntant's salaries with cash
    Owner invested cash to the business
    20 Cash 20,000
    2 Rent Expense 8,000 Consulting Revenues 20,000
    Cash 8,000 Received cash for consulting services rendered
    Paid for rent with cash
    28 Salaries Expense 6,000
    Supplies 7,200 Cash 6,000
    Accounts Payable 7,200 Paid for assisntant's salaries with cash
    Purchased supplies on account
    30 Accounts Receivable 48,000
    3 Office Equipment 75,000 Consulting Revenues 48,000
    Cash 37,000 Billed customers for consulting services rendered
    Accounts Payable 38,000
    Purchased office equipment paying 37,000
    cash and remaining balance on account 31 Detoya, Withdrawals 12,000
    Cash 12,000
    8 Accounts Payable 7,200 Owner withdrew cash for personal use
    Cash 7,200
    Paid for supplies bought on account with cash P7#2

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