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teppom
Dec 11, 2011, 08:00 AM
My instructor did not discuss how to make a trial balance I get so confuse reading so many pages because accounting was never my favorite subject please help me

Transaction for the month of June

1 he made the ff. Investments

Cash 250,000
Furniture & fixtures 120,000
Shop equipment 210,000

3 paid business permits & licenses, 3,250

5 bought lotion, alcohol, soap etc. On account 18,350

7 income for the week:

Cash 16,000
On account 5,000

8 B salva withdraw 20,000 for personal use

11 bought additional barbers chair for cash 65,000

13 partial payment of June 5 account 15,000

14 income for the week

Cash 25,000
On account 4,000

15 payment of commission to barbers and massagers 12,000

16 collected in full the customers accounts of June 7 & 14 in the amount of 9,000

17 received a laundry bill from ACA laundry shop 5,680

19 payment of account with ACA laundry shop 5,680

21 income for the week

Cash 18,000
On account 20,000

22 full payment of June 5 account 3,350

28 paid light and water bills 10,000

29 bought shop supplies for cash, 7,830

31 income for the week

Cash 15,000
On account 25,000

Payment for commission to barbers & massagers 16,000

Received a laundry bill from ACA laundry shop 3,950

JudyKayTee
Dec 11, 2011, 08:47 AM
If your instructor is not teaching the subject (which would mean other people are also having the same problem you are experiencing) you need to speak to school administration.

Please refer to this AMHD announcement:

“Do not simply retype or paste a question from your book or study material

We won't do your homework questions for you. You were given the assignment for you to learn.

If you come up with your own answer and post it for us to critique that is within reason.

If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that.

But this is your assignment, so show us you have at least attempted to complete it on your own.

Thank you.”