please solve the 1. post entries in General Ledger 2. prepare the trail balance 3. prepare the statement of owner's equity 4. prepare the income statement 5. prepare the balance sheet

1 of 2 Exercise Accounting 1 Year Month Day $9,000.00 Mar Mar Mar You invest to open a business called, >, consultant You buy cash Computer Equipment for +GST +QST You buy cash Office Equipment for GST +QST You buy on account: Computer equipment +GST +QST Note 1 Note 2 $2,500.00 $5,600.00 $380.00 2016 Mar6 and Office equipment GST +QST $1,280.00 +GST+QST $2,200.00 2016 Mar You provide professional services to customer pays cash 10 You pay the rent $1,000.00 6 2016 Mar $1,700.00 2016 11 You provide professional services to customer on acct. +GST +QST Mar $630.00 2016 Mar Note 3 11 You pay salaries expenses (secretary) 15 You sign a six month contract with clien starting today 20 You receive payment on account receivable 21 You make partial payment on account payable $3,000.00 $1,700.00 10 2016 Mar $900.00 Mar 22 You withdraw for personal use Note 41 $1,100.00 $2,400.00 $120.00 $230.00 14 Mar 24 You paid the insurance for two years Mar 25 You buy cash Office supplies for +GST +QST 26 you paid the electricity bill +GST +QST 2016 Note 5 15 2016 Mar 27 You pay salaries expenses (secretary) $700.00 16 2016 Mar Prepare the following documents 1. Entries in general journal 2 Post entries in General Ledger 4 Prepare the Trial Balance 5 Prepare the statement of Owner's Equity Prepare the Income statement 6 Prepare the Balance Sheet $480.00 $3,130.00 1 Computer Equipment linear depreciation on 30 months, residual of 2 Office Equipment linear depreciation on 30 months, residual of 3 The contract start on the 15 for 6 months 4 The insurance is a 24 months contract 5 The Office Supplies used for the month is Note $45.00 Debit Date Particulars 01-03-2016 Cash Nc To Capital Alc 03-03-2016 Computer Equipment Ale GST 5% Ale OST 9975% Ale 2500 125 209.38 To Cash Ac 28944 5600 280 04-03-2016 Omice Equipment Ale GST 5% Ale OST 9975% AC To Cash Ac 558.6 6438.6 06-02-2016 380 1280 Computer Equipment Alc Office Equipment Ae GST 5% Alc OST 9.975% Ne To Sundry Creditors Alc 165.59 19086 09.01.2016 2529.5 Cash Als To Professional Services Alc To GST 9% AC To OST 9.975% AC 110 219.45 1000 10-03-2016 Rent Ale To Cash Ac 1000 11-03-2016 1954.6 1700 Sundry Debtors Alc To Professional Services Alc To GST 5% MC To OST 9.975% AC 11-03-2016 Salaries Alc To Cash Als 20-03-2016 Cash AS To Sundry Debtors 21-03-2016 Sundry Creditros de To Cash Ale 22-03-2016 Drawings Ale To Cash Ac 24-01-2016 Insurance AC Prepaid Insurance Ale To Cash Ac 25-03-2016 office Supplies Ale GST 5% Alc OST 9975% A/C To Sundry Creditors Ac 26-03-2016 Electricity Bills Ac GST 5% Ale OST 9 975% Ne To Sundry Creditors Ale 115 22.943 264.44 27-03-2016 Salaries Alc