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40 journal entries with their ledger and trial balance?
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40 journal entries with their ledger and trial balance?
I have max. 20 journal entries with ledger and trial balance but you can mix 2 questions to get 40. if you want then ask me
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40 journal entries with their ledger and trial balance?
Journal Entries with Ledger and Trial Balance
Journal Entries
- January 1: Received $10,000 cash from investors for starting a business.
- January 2: Purchased equipment for $5,000 on credit from ABC Inc.
- January 3: Paid $1,000 for rent for the month of January.
- January 5: Sold merchandise for $3,000 cash.
- January 8: Paid $500 for office supplies purchased on credit from XYZ Inc.
- January 10: Received $2,000 cash for services provided.
- January 12: Purchased merchandise for $1,500 on credit from DEF Inc.
- January 15: Paid $500 for utilities for the month of January.
- January 18: Received $1,000 cash for services provided.
- January 20: Sold merchandise for $2,000 on credit.
- January 22: Paid $2,000 to ABC Inc. for equipment purchased on credit.
- January 25: Purchased office supplies for $300 cash.
- January 28: Received $1,500 from a customer on account.
- January 31: Paid $2,000 for salaries for the month of January.
Ledger
| Account | Debit | Credit |
|---|---|---|
| Cash | $15,000 | |
| Investments | $10,000 | |
| Equipment | $5,000 | |
| Rent Expense | $1,000 | |
| Merchandise Inventory | $1,500 | |
| Office Supplies | $300 | $500 |
| Accounts Payable | $1,500 | |
| Utilities Expense | $500 | |
| Service Revenue | $4,000 | |
| Salaries Expense | $2,000 |
Trial Balance
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40 journal entries with their ledger and trial balance?
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40 journal entries with their ledger and trial balance? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 40 journal entries with their ledger and trial balance? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 40 journal entries with their ledger and trial balance?.
40 journal entries with their ledger and trial balance? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 40 journal entries with their ledger and trial balance? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 40 journal entries with their ledger and trial balance?.
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