Q.

1
General journal
Date Date Date Date
1-Jul-20 Cash $ 500,000
Equipment Started buisness with $ 100,000
Capital cash and equipment
2-Jul-20 Rent expense $ 15,000
Cash Paid rent expense
4-Jul-20 Equipment Purchased euipment on $ 12,000
Account payable credit
8-Jul-20 Cash Provided services on $ 32,000
Service revenue cash
10-Jul-20 Account Receivable Provided services on $ 27,000
Service revenue cash
12-Jul-20 Equipment Purchased euipment on $ 8,000
Cash credit
15-Jul-20 $ 6,200
Salaries and Wages Expense Provided salary through
Cash cash
18-Jul-20 Cash Received cash from $ 15,000
Account receivable client
25-Jul-20 Account payable $ 12,000
Cash Clear accounts payable
28-Jul-20 Drawing Withdrew amount for $ 500
Cash personal use
30-Jul-20 Cash Provided services on $ 40,000
Service revenue cash
31-Jul-20 Paid salaries through
Salaries and Wages Expense cash $ 700
Cash
31-Ju-20 Utilities expense (PLDT) $ 1,800
Utilities expense (Mera Co) Received utility bils $ 3,800
Account Payable

TOTAL $ 774,000.00
 CASH COMPUTER EQUIPMENT
Date Date
$ 500,000 $ 15,000 $ 100,000
$ 32,000 $ 8,000 $ 12,000
$ 600,000 $ 15,000 $ 6,200 $ 112,000
$ 40,000 $ 500 Balance (DR) $ 112,000
$ 15,000 $ 700
$ 12,000
$ 12,000 $ 587,000 $ 42,400
Balance (DR) $ 544,600 Rent expense
$ 32,000 $ 15,000
Balance (DR) $ 15,000
$ 27,000

$ 8,000 Euipment
$ 100,000

$ 6,200

$ 15,000

$ 12,000

$ 500

$ 40,000

$ 700

$ 5,600

$ 774,000.00
 trial balance
cash $ 544,600.00
A/R $ 12,000.00
Euipment $ 120,000.00
Capital $ 600,000.00
service revenue $ 99,000.00
rent $ 15,000.00
a/p $ 5,600.00
drawings $ 500.00
utility $ 5,600.00
salaries $ 6,900.00
$ 704,600.00 $ 704,600.00