1111 1:47 28 Amandeep B... FA St. Clair at Ace Acumen College OAG 201 - Accounting for the office assistant Instructor: Henry Gomez - henry.gomez@canadaacumen.ca Assignment 2 Name: Student ID 1. Prepare the T-accounts and the journal for the following business transactions: Oct. 1-Henry Gomez invests 20,000 cash in the bank account of his new company Teach Solutions Oct. 2 - Teach Solutions buys a new computer using 1,200 cash Oct. 3- Teach Solutions pays 1,000 cash for the rent of the location Oct. 4 - Teach Solutions buys 1,500 supplies and agrees to pay in a later day Oct. 5-Teach Solutions hires an Office Assistant Oct. 6-Teach Solutions receives 2,000 cash as revenue Oct. 7-Teach Solutions provides services to a customer for 4,000, the client will pay on a la day Oct. 8-Teach Solutions buys new furniture for 4,000 cash Oct. 10 - Teach Solutions pays 500 cash for the supplies bought on account on Oct. 4. Oct. 12 - Henry Gomez buys a new car for his personal use for 20,000 cash Oct. 14 - Henry Gomez withdrew 2,500 cash from Teach Solutions Oct. 18 - Teach solutions received 2,000 cash from the customer that agreed to pay in the future on Oct. 7 Oct. 19-Teach Solutions pays the wage to the office assistant for 1,200 cash Oct. 20-Teach Solutions receives 3,000 cash for revenues Oct. 24 - Teach Solutions buys an accounting software for 2,000 cash Oct. 26 - Teach Solutions asks for a loan to the ScotiaBank in Toronto Oct. 28- The bank gives a loan to Teach Solutions for 30,000 cash Oct. 30 - Teach Solutions buys a car for the company for 20,000 cash Oct 31 - Teach Solutions pays the first installment of the loan for 2,500 cash, 1,800 for interest and the rest for capital