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Tablet Express sells computer tablets from around the world online to Canadians.

$($Transaction #$1)$ The investors put $$2,781,382$ in the company. The money was used to

purchase $2$ different models of computer tablets as follows:

Model Quantity Price purchased each Transport cost each Current status

$2$ Jayda $350$ $$3,900$ $$176$ Outstanding $$1$

$3$ Kaya $23$ $$7,200$ $$720$ Paid entirely $$0$

Over the course of the next year they had the following sales:

Model Quantity Price sold each How are customers paying Number of units not paid for at present Current status

$4$ Jayda $88$ $$13,416$ On credit Paid entirely

$5$ Kaya $5$ $$21,240$ Cash Paid entirely

$6$ Jayda $262$ $$11,269$ On credit $133$ Outstanding

$($Transaction #$7)11$ employees work for the company. They have been paid in full.

Number of employees Pay $/$ employee

From these employees $7$ averaged $$71,676$

and the other $4$ averaged $$139,768$ over the period in question.

Over the course of the year they will spend the following:

Payment Amount Payment Method

$8$ Utilities $$36,781$ On credit, still outstanding $1$

$9$ Rent $$96,391$ On credit, still outstanding $1$

$10$ Marketing $$539,790$ On credit, still outstanding

$11$ Professional fees $$183,143$ On credit, still outstanding

$12$ Equipment $$1,693,541$ Received loan from bank

Complete and submit the two worksheets provided: Part A $-$ Journal and Part B $-$ T$-$Accounts

This one is DB $1$ question and following is DB $2$ question

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$111216$

$118$

$94$

Tablet Express selling computer tablets continues to be your company.

IF the above don't match what you worked on for DB$1,$ make sure you have created your custom transactions correctly.

Purchase transaction

Model Quantity Price paid each Transport cost each Current status

A Banca $758$ $$2,600$ $$254$ Outstanding

Sales transactions

Model Quantity Price sold each How are customers paying Number of units NOT paid for at present Current status

B Banca $9$ $$7,826$ Cash Paid in full

C Kaya $9$ $$19,966$ On credit $7$ Outstanding

D Banca $374$ $$6,809$ On credit $124$ Outstanding

E Franchise Licensing Revenue $$24,700$ On credit Outstanding

Expense transactions

F Telecommunications $$46,150$ On credit, still outstanding

G NEW Marketing Staff total hired $5$ average pay of $$208,946$ Paid in full

Staff from DB$1$ still on the payroll

and have earned a pay raise of $29\%$ Paid in full

H Rent $$119,990$ Cash, nothing due $-$

I Marketing $$83,965$ On credit, still outstanding $1$

Prepare DB $2$ with answers $($ in T accounts total assets should be equal to total iliabilities and balance sheet should be tally$)($ need to prepare DB $2$ tasks only $)$