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View Full Version : I need help with posting transactions.


aleyazzie
Jul 12, 2012, 12:09 PM
Mendez invested cash in the business, $5000.
Paid rent, $500.
Purchased office supplies, $100.
Purchased office equipment on account, $2000.
Received cash for services rendered, $280.
Paid telephone bill, $38.
Paid electric bill, $42.
Received cash for services rendered, $310.
Paid part-time employee, $500.
Paid car rental for out-of-town trip, $200.
Paid for newspaper ad, $30.
Received cash for services rendered, $620.
Paid mileage reimbursement for part-time employee's use of personal car business deliveries (transportation expense), $22.
Mendez withdrew cash for personal use, $50.
Made Payment on account for office equipment purchasd earlier, $200.
Earned appraisal fee, which will be paid in a week, $500.
Paid for newspaper ad, $30.
Paid for local softball team sponsorship (miscellaneous expense), $15.
Paid part-time employee, $500.
Received cash on account, $250.
Received cash for services rendered, $280.
Paid cab fare (transportation expense), $13.

paraclete
Jul 12, 2012, 04:52 PM
Mendez invested cash in the business, $5000.
Paid rent, $500.
Purchased office supplies, $100.
Purchased office equipment on account, $2000.
Received cash for services rendered, $280.
Paid telephone bill, $38.
Paid electric bill, $42.
Recieved cash for services rendered, $310.
Paid part-time employee, $500.
Paid car rental for out-of-town trip, $200.
Paid for newspaper ad, $30.
Recieved cash for services rendered, $620.
Paid mileage reimbursement for part-time employee's use of personal car business deliveries (transportation expense), $22.
Mendez withdrew cash for personal use, $50.
Made Payment on account for office equipment purchasd earlier, $200.
Earned appraisal fee, which will be paid in a week, $500.
Paid for newspaper ad, $30.
Paid for local softball team sponsorship (miscellaneous expense), $15.
Paid part-time employee, $500.
Recieved cash on account, $250.
Recieved cash for services rendered, $280.
Paid cab fare (transportation expense), $13.

I'll tell you what I told the other fellow, this is basic accounting if you can't do this read a text book or find another course