151,388 views
11 votes
11 votes
Super Garage was started on June 1 by Mr. Peter Thomson . A summary of June transactions

is presented below.

June 1. Invested $25,000 cash to start the garage.

2. Purchased repair equipment for $5,000 cash.

4. Paid $500 cash for the space rent.

4. Hired an employee

5. Paid $700 for a one-year fire insurance policy.

6. Received $10000 in cash from customers for repair service.

10. Provided repair service on account to customers $1750.

21. Collected cash of $5000 for services provided on June 6.

27. Withdrew $1,000 cash for personal use.

30. Paid employee salaries $3,000.

30. Received an electricity bills $170.

Required:

i. Journalize the transactions

ii. Post and balance the transactions to ledger accounts

User Rian Mostert
by
3.0k points

1 Answer

9 votes
9 votes
maƱana anna snakes
s
amani and
smsjiaooaksm
smakosoajjnd
f

djakkajannsjsjsnana
s
snakakjsndflaloanams
jajwjijnnd dloijnqnanansknnand
nnanjanjhbnfmoouba
nnajajhhbananjajoapp
nanakiajoqppoakajsnsm
akajajwnsndmmskekaoak
anakakwosk
User Xoke
by
2.5k points