The following transactions were taken from the records of Anthony Reader, an interior designer, for the month
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The following transactions were taken from the records of Anthony Reader, an interior designer, for the month ending 31 May 2017. You are required to design a suitable accounting worksheet for the period.
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May 12357 7 8 9 10 11 May 15 16 17 18 19 21 22 1278285 23 29 31 Commenced business with cash at bank of $80000. Invoiced client for work completed $2100. Purchased second-hand vehicle for business $20000 cash. Received cash payment for services rendered $1320. Paid casual wages $900. Paid rent for the past week $1000. Sent an invoice to a client $960. Paid electricity $180. Received an invoice from newsagent for stationery $253. Paid rent for the past week $1000. Paid casual wages $900. Paid gas and electricity $229. Received fees for services $880. Received fees for services $1200. Sent an invoice to client $350. Paid invoice received 11 May. Paid rent for the past week $1000. Received invoice from Cool Carpets $1500 for new office carpet. Paid phone bill $300. Sent invoice to client $1400. Won money at the Brisbane Cup and contributed a further $20 000 into business.
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May Debit Credit 1 Cash at Bank 80000 2 Accounts Recei...View the full answer
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Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
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