Solution of Question 1 Part A
General Journal
    Date
    Details
    Debit ($)
    Credit ($)
    1st June
    Water Bill
    475
    
    
     Cash at Bank
    
    475
    
    (To record payment of Water Bill)
    
    
    
    
    
    
    3rd June
    Inventory (375*20)
    7,500
    
    
     Cash at Bank
    
    7,500
    
    (To record purchase of Dinner set)
    
    
    
    
    
    
    4th June
    Cash at Bank (9,000 *20%)
    1,800
    
    
    Accounts Receivable
    7,200
    
    
     Service Revenue (120*75)
    
    9,000
    
    (To record service revenue received 20% in cash and remaining on credit)
    
    
    
    
    
    
    11th June
    Computer (Equipment)
    2,100
    
    
     Accounts Payable
    
    2,100
    
    (To record purchase of computer on credit)
    
    
    
    
    
    
    14th June
    Cleaning Expense
    320
    
    
     Accounts Payable
    
    320
    
    (To record accrued cleaning expense )
    
    
    
    
    
    
    19th June
    Wages Expense
    3,470
    
    
     Cash at Bank
    
    3,470
    
    (To record wages paid to employees)
    
    
    
    
    
    
    27th June
    Cash at Bank
    7,200
    
    
     Accounts Receivable
    
    7,200
    
    (To record amount owed from accounts receivable)
    
    
    
    
    
    
    29th June
    Cocina De La Madre ,Drawings
    350
    
    
     Cash at Bank
    
    350
    
    (To record payment made for repair his home)
    
    
    
    
    
    
    30th June
    Accounts Payable
    2,100
    
    
     Cash at Bank
    
    2,100
    
    (To record payment made to accounts payable)
    
    
    
    
    
    
    
    
    
    
Part B
Cash at Bank (CAB)
    
    
    
    
    
    
    March 1
    Balance
    33 473
    March 4
    Cleaning Equipment
    7,600
    March 1
    A Sayshun Capital
    21,500
    
    
    
    
March 25
March 31
March 31    
    
Accounts
Receivable
Sales
Ending Balance
    
6,500
10,100
60,123
    March 11
March 15
    A Sayshun Drawings
Loan
    1,000
2,850
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    

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