Prepare the GENERAL ENTRIES for BM Inc. for the month of December 2022 12/1/2022 Revenue total $86,000.

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Prepare the GENERAL ENTRIES for BM Inc. for the month of December 2022

12/1/2022	Revenue total $86,000. Cash paid $50,000 and $36,000 on account
12/2/2022	Material Purchased for $43000. Cash paid $23,000, Credit Card payment $10,000 & rest $10,000 on account
12/4/2022	Revenue $12,000 paid by a post dated cheque on 12 Jan 2023
12/5/2022	Bought a vehicle for $22,000 on account
12/7/2022	Salary outstanding $6,000 for the month Dec 2022
12/10/2022	Owner invested $15,000 cash and Equipment valued at $6,000 into the business
12/13/2022	Owner withdrew $5,000 cash against his Capital investment
12/24/2022	Advance salary paid $1,000 to an employee
12/25/2022	Lawyer send a invoice for $$2,000 for legal fee, but not paid yet
12/31/2022	Bank Charged $75 and Interest Received $30

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Horngrens Financial And Managerial Accounting The Financial Chapters

Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9780134486840

6th Edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Feb 26, 2023 11:47 PM

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