Details of this Paper

how can i place it in t-account?;june 2-miss paz started fashionable beauty with the following initial investments.;cash-10,000...

Description

solution


Question

how can i place it in t-account?;june 2-miss paz started fashionable beauty with the following initial investments.;cash-10,000;computr unit-30,000;furniture and fixtures-40,0000;supplies-9,000;june 2--the business was registerd with DTI,BIRMAYORS PERMIT spending 2,300;june 5--acquired printer amounting to 6,000;june 15--acquired computer chairs and tables on account 12,000 payable within five months;june 16--purchased beauty equipmnt for beauty regeneration of customers,25,000 paying 5,000 cash and the remainder on account to be paid after one month.;june 20--issued three months promissory note amounting to 12,000 to settle the obligation for acquiring computer chairs and tables.;june 21--miss nable withrew 1,500 for personal use;june 23--used supplies amounting to 7,000;june 26--collected 40,000 for beauty services rendered to a various clients;june 27--received electricity bill used by business 1,200;june 28--billed 85,000 from a client for beauty regeneration performed;june 29--transportation expense incurred and paid 3,000;june 30--paid 5,000 for beautician monthly salary;june 30--provided 10 % allowance for depreciation for the use of office equipment and furniture and fixtures.;thanks

 

Paper#80119 | Written in 18-Jul-2015

Price : $22
SiteLock