Using the transactions attached complete the following ledgers:

For this question all ledgers start at $0.00 balance.

Complete the following ledger journal reconciliation:

Account Name: DOWNER / FIRE Ledger Number: 403
Date	Particulars	Rec/Chq	Debit	Credit	Balance
	Rent - Feb		-------	$	$860.00
Account Name: ALMER Ledger Number: 404
Date	Particulars	Rec/Chq	Debit	Credit	Balance
	Advertising fees		--------	$	$
	Advertising		$	--------	$
Account Name: NESTEGG / CLOVER Ledger Number: 405
Date	Particulars	Rec/Chq	Debit	Credit	Balance
	Rent - Feb		--------	$	$
Account Name: HILDER / JAMES Ledger Number: 406
Date	Particulars	Rec/Chq	Debit	Credit	Balance
	Sales Deposit		--------	$	$
	Balance of deposit		$	--------	$
	Entry commission		$	--------	$0.00
Account Name: JETSON / FORT Ledger Number: 407
Date	Particulars	Rec/Chq	Debit	Credit	Balance
	Rent - March		--------	$	$
Account Name: DOWNER / STONE Ledger Number: 408
Date	Particulars	Rec/Chq	Debit	Credit	Balance
	Rent		--------	$	$
Account Name: ESRA / DAVIS Ledger Number: 409
Date	Particulars	Rec/Chq	Debit	Credit	Balance
	5% Sales deposit		--------	$	$

Add the outstanding balance in the ledgers completed:

Ledger Number	Outstanding Balance
Ledger Number:	$
Ledger Number:	$
Ledger Number:	$
Ledger Number:	$
Ledger Number:	$
Ledger Number:	$
Ledger Number:	$
TOTAL OUTSTANDING LEDGER JOURNAL	$

information as below : 

 

20/11/2021	Scott James transferred $40,000.00 for the sales deposit for the purchase of Michelle Hilder's Epping property. Receipt #: 357
10/01/2022	Freddy Fire paid $860.00 cash, being one month's rent (February 2022) Landlord: Omar Downer Property: 60 Tunnel St, Humeville Receipt #: 433
13/01/2022	Alan Almer paid a cheque for $1000.00 for advertising on his property at 5a Miller Ave, Millerville which is going to auction. Receipt #: 434
Eva Clover paid $350 rent by cheque, February rent: Landlord: Neddy Nestegg Property: 1 Summers Drive, Amberville Receipt #: 435
15/01/2022	Entry Realty paid $800.00 advertising to Weekly Press from Alan Almer for auction Cheque #: 90078
20/01/2022	Scott James has settled on his purchase of 2 Tuggerah Close, Epping. Entry Realty paid a cheque $25,000.00 to Michelle Hilder (Vendor) balance of deposit, less our commission - Cheque #: 90079
Entry Realty paid office commission of $15,000.00 (Sale of 2 Tuggerah Close, Epping) Cheque #: 90080
28/01/2022	Helena Fort paid $800.00 direct deposit into the trust account, for one month rent (March 2022). - Receipt #: 436 Landlord: Jordy Jetson Property: 12 Sapphire Street, Beaufort
29/01/2022	Paul Stone paid $600.00 cash, for 2 weeks rent (08/02/2022- 22/02/2022). - Receipt #: 437 Landlord: Omar Downer Property: 2 Watchtower Way, Torquay
Alex Davis paid $15,000.00 (5% sales deposit cheque) for 10 Riverside Road, Riversdale. Vendor: Luis Esra - Receipt #: 438

Answer rating: 100% (QA)

Ledger 403 DOWNER FIRE Rent Feb Debit 000 Starting balance Credit 86000 Transaction on 10012022 Balance 86000 Date Particulars RecChq Debit Credit Bal... View the full answer