Question: please help me to answer the general journal 1 and general journal 2 thank u BLWU40ABKLWJKMDctMDAC. erm Exam July 2021.docx Edit in Browser Download Save
please help me to answer the general journal 1 and general journal 2 thank u
BLWU40ABKLWJKMDctMDAC. erm Exam July 2021.docx Edit in Browser Download Save to OneDrive Accessibility Mode Print P Find Nov. 1 Mark started Continental Laundry Company, invested $50,000 cash and $6,000 worth of laundry supplies in the business. Bought delivery trucks on account, $35,000 Received advertisement bill for $900 but not yet paid Bought office equipment for cash $1,500 Received cash for Laundry services rendered, $13,000 Paid salaries expense $1,850 Paid gas expense for company trucks, $650 Billed customers for laundry services rendered, $6,500 Paid telephone bill, $500 Received $1,600 as partial payment of transaction 'Nov 20' 28 Mark paid his own telephone bil with a company cheque, $90 Adjustment data: Laundry Supplies on hand $4,200 Depreciation on delivery truck, $100: {(35,000-5,000)/25)/12 Accrued Salaries $500 Record all the transactions in the Journal and set up Standard account or 'T' accounts in a ledger and record the transaction in as well as show the final balance. (10 Marks) E Prepare a worksheet showing trial balance, adjustment and post adjusted trial balance. (15 Marks) Prepare Financial statements for the month of November 2020 [15 Marks)