Question: Hello, this is a balance sheet and a general journal learning guide I thought i did wrong, any answers so I may compare would be
Hello, this is a balance sheet and a general journal learning guide I thought i did wrong, any answers so I may compare would be appreciated
moodle.deltaaccess.ca/mod/Iti/view.php?id=1384 Google Docs M Gmail Maps YouTube mn Delta Access Online... Accounting Flashca. Course Hero Paula Perna, a lawyer, has decided to open her own law office on June 1,20 -. On that date, she commenced business with the following assets and liabilities. Asset Liabilities Bank $2,500 Acme Finance company $8,750 Law Library 3,500 The Stationery Store 3,250 Office Equipment 8,250 Automobile 16,500 A. Prepare a balance sheet for Paula Perna as of June 1, 20-. B. Record the beginning financial position of Paula Perna in two-column general journal. Use page number 1. This is the opening entry. C. Journalize the transactions for Paula Perna shown below. Use the following chart of accounts Chart of Accounts Assets Owners Equity Bank P.Perna, Capital A/R-R.Spooner P.Perna, Drawings A/R- T. & R. Builders Fees Earned Office Supplies Car Expense Law Library General Expense Automobile Rent Expense Office Equipment Wages Expense Liabilities A/P-Acme Finance A/P-The Stationery Store Transactions June 1 Paid the rent for June, $500 cash. 2 Purchased typing and stationery supplies on account from The Stationery Store, $375. Type here to search O 9 Wi FiGoogle Docs M Gmail Maps YouTube m Delta Access Online... Accounting Flashca.. * Course Hero Chart of Accounts Assets Owners Equity Bank P.Perna, Capital A/R-R.Spooner P.Perna, Drawings A/R- T. & R. Builders Fees Earned Office Supplies Car Expense Law Library General Expense Automobile Rent Expense Office Equipment Wages Expense Liabilities A/P-Acme Finance A/P-The Stationery Store Transactions June 1 Paid the rent for June, $500 cash. 2 Purchased typing and stationery supplies on account from The Stationery Store, $375. 3 Performed a legal service for cash, $200 5 Performed a legal on account for R. Spooner, $350. 8 Paid $1 000 cash to The Stationery store on account. 10 Performed a legal service on account for T. & R. Builders, $1 100. 11 Received $350 on account from R. Spooner. 15 Paid $40 cash for gasoline for the business automobile. 20 Paid wages for part-time secretarial help, $250. 24 Paid $64 cash for postage. 24 Paid the regular monthly installment to Acme Finance, $320. 30 Paula withdrew $450. Of this, $400 was of person use and $50 was for gasoline for the businesses automobile MO ) ENG Type here to search O Bi n WI FI 6