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Home > Business & Careers > Accounting   »   record jounal entries and create ledger accounts

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Old Mar 9, 2008, 08:57 AM
sanmisa
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record jounal entries and create ledger accounts

deposited 250000 into the bank to star business
hired administrative assistand at 500 per week. this individual is paid on the 15 of each month and was hired the midle of the month
paid 3 months of rentin advance for the term of the lease
purchase office supplies fore 3000 in cash
billed costumer for services rendered 35000
paid utilities expenses 2000
withdrew 4000 for personal expenses
collected 5000 from previous credit sales
collected 12000 for a cash sale to abc INc.

record journal entries create ledger accounts for cash, accounts receivable, prepaid rent, office supply expense, utilities expense, notes payable, Hidden Glen capital accounts and drawing accounts.

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