10 January Ronald introduced $13,000 cash as capital11 January Ronald bought a machine for $10,000 by cash10 January Pays a rent bill of $3,600 for the 18 months12 January Purchased merchandise inventory for $1,800 cash12 January Paid transportation expenses for merchandise inventory, $5014 January Sold inventories on credit for $1,222. Cost of these sales are $839.16 January Cash received from trade receivables amounted to $19231 January Cash sales during January were $1,956. Cost of these sales is 1,60031 January Depreciation is to be calculated on a straight line basis and recorded as $100RequiredPrepare:(i) general journal for the transactions;(ii) ledger accounts showing descriptions and balances;(iii) a trial balance;BUT WE HAVE COMPLETED ONLY 9 CHAPTERS IN PRINCIPLES OF ACCOUNTING BY Marian Powers, Susan V Crosson, Belverd E Needles, so assuming this information we have to create general journa
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