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-   -   I need help with posting transactions. (https://www.askmehelpdesk.com/showthread.php?t=681965)

  • Jul 12, 2012, 12:09 PM
    aleyazzie
    I need help with posting transactions.
    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.
  • Jul 12, 2012, 04:52 PM
    paraclete
    Quote:

    Originally Posted by aleyazzie View Post
    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

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