Enter the following transactions in a) The journal, b) The post them in the ledger c)...

 

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Enter the following transactions in a) The journal, b) The post them in the ledger c) Prepare the trial balance, d) Prepare the balance sheet and the income statement for Xenon Hotel. July 1, subscribed for shares by investors of Xenon Hotel $50,000, July 3, Borrowed from the bank the sum of $5,000 from Banque Amerique, July 4, Sold hotel rooms that came in for a seminar for $10500. July 4, Sold in the bar drinks that costed $1,800 for 5500 July 5, paid salaries to some employees for $5000 and paid utilities for $500 July 4, Sold meals to seminar guests for $3,500. July 10, paid back some loan to Banque Amerique of $15,000 Enter the following transactions in a) The journal, b) The post them in the ledger c) Prepare the trial balance, d) Prepare the balance sheet and the income statement for Xenon Hotel. July 1, subscribed for shares by investors of Xenon Hotel $50,000, July 3, Borrowed from the bank the sum of $5,000 from Banque Amerique, July 4, Sold hotel rooms that came in for a seminar for $10500. July 4, Sold in the bar drinks that costed $1,800 for 5500 July 5, paid salaries to some employees for $5000 and paid utilities for $500 July 4, Sold meals to seminar guests for $3,500. July 10, paid back some loan to Banque Amerique of $15,000

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