HOW TO GET T ACCOUNT RECORDING

Chrome File Edit View History Bookmarks People Tab Window Help * 50% Mon 2:38 AM Q DE ... Announcen X POE Assign X Final Assign X S SOAP2DAY X N Netflix X Video play X Course Her X Untitled do x E Untitled do X G T ACCOUN + - -> C @ File | /Users/fionakhoo/Downloads/Final%20Assignment.pdf Update Apps N Netflix M Gmail YouTube Translate Korean Dramas Disney+ | Streami... Final Assignment.pdf 1 / 3 100% + PEOPLES OF ACCOUNTING PRINCIPLES OF ACCOUNTING INDIVIDUAL ASSIGNMENT This assignment is weighted at 40% of the overall assessment for this module. Question 1 1 William Smith setup a renovation business, Willy Reno Enterprise, on September 1, 2019. On the first month of operations, the following transactions occurred. Date Events (September) 1 William invested $150,000 cash as his owner's capital 2 He paid $2,500 cash for its office rental w The company purchased paints, brushes and tools for $31,000, of which $11,000 was paid is cash and the remaining on a promissory note that it will be paid within 6 months based on a 10% interest per annum. 2 4 Paid $2,300 as a mandatory payment for a Workman's Compensation Insurance Policy for a period of 1 year 10 Received an invoice from the newspaper, The Straits Times, for an advertisement during the opening of the business for $200 20 Paid utilities bill for $700 21 Received advance cash payment of $2,200 from Mark Anderson & Company to start renovation services next month 22 Owner withdrew cash of $700 for his personal use 29 Received cash $6,200 for renovation services rendered to a client 30 Paid $3,500 salary to employees 3 (a) Record the transactions using T-account recording. 1 23 MAR ... 29 E Aa