Date Description Debit Credit

2020 1 Cash 8300

March. Supplies 2000
Office equipment 10000
Owner Capital 20300
Received the following assets from its owner, Tahir:
2 Cash 5000
long term 5000
Borrowed Br 5,000 from Dashen Bank
3 Rent Expense 1800
Cash 1800
Paid Br 1,800 for rent on a building leased for business
purposes
3 Machinery 3600
Cash 3600
Purchased welding and other repair machinery for Br
3,600 cash
4 Miscellaneous Expense 200
Cash 200
Paid Br 200 for a radio advertisement
8 Cash 200
Office Equipment 200
Sold for Br 200 cash an old office equipment with a
recorded cost of Br 200
13 Salary Expense 1200
Cash 1200
Paid weekly salary Br 1,200
16 Cash 4400
Fee Earned 4400
Received Br 4,400 from services rendered on cash
20 Salary expense 1200
Other Income 1200
Paid weekly salary Br 1,200
20 Account Receivable 6000
Fee Earned 6000
Delivered service on credit, Br 6,000
21 Machinery 2000
Account Payable 1000
Purchased additional repair machinery on account for Br
2,000 from Sámi-Engineers

23 Cash 5000
Tahir Capital 5000
Received Br 5000 additional cash investment from its
owner
24 Long Term Loan 1000
Interest Expense 100
Cash 1100
 Repaid Br 1,000 bank loan and paid Br 100 interest on bank
loan
26 Supplies 800
Cash 800
Purchased supplies for Br 800 cash
27 Miscellaneous Expense 100
Cash 100
Paid Br 100 for customer entertainment and other items
27 Salary Expense 1200
Cash 1200
Paid weekly salary Br 1,200
31 Miscellaneous Expenses 500
Cash 500
Paid Br 500 for electricity and other utilities consumed
during the month
31 Cash 4200
Account Receivable 4200
Received Br 4,200 cash from credit customers
31 Tahir Drawing 1800
Cash 1800
Paid Tahir Br 1,800 for personal uses