can u please make transaction summary table, general journal, general ledger and unadjusted trial balance AGAHAlAA AK ALAMANAOAPAA AR AS ATAUAWAX AYA Z E BB BC BDВЕEE BG BH BIBJBBLBMBN4SCISSORHANDS MEN'S SALONSCISSORHANDS MEN'S SALONSCISSORHANDS MEN'S SALONGENERAL LEDGERFOR THE MONTH OF SEPTEMBER, 20166GENERAL JOURNALUNADJUSTED TRIAL BALANCEFOR THE MONTH OF SEPTEMBER, 2016SEPTEMBER 30, 20167PARTICULARSCREDITPOSTREF:DATESTDEBITFOST REF:DebitCredit8DATEITEMSDEBITDATEITENSCREDITDATEITENSDEBITDATEITENSCREDIT10111213141516FOST REFI17DATEITENSDEBITDATEITEMSCREDIT18192021222324FOST REFfOST REF:Totals25DATEITENSDEBITDATEITEMSCREDITDATEITENSDEBITDATEITENSCREDIT26272829303132FOST REFFOST REF:33DATEITEMSDEBITDATEITENSCREDITDATEITENSDEBITDATEITEMSCREDIT34353637383940FOST REF:FOST REF:41DATEITEMSDEBITDATEITENSCREDITDATEITENSDEBITDATEITEMSCREDIT42434445464748oST REF:FOST REF:49DATEITENSDEBITDATEITENSCREDITDATEITENSDEBITDATEITENSCREDIT5051Sheet1(+) DateTransactionJack Sparrow withdrew P500,000 from his personal account in Allied Bank and deposited the account to BPI under theSEPTEMBER 2account Scissorhands Men's Salon.Bought P600,000 salon equipment from Marker Electronics. Terms of payment are as follows: 20% downpayment, 50% was5approved as loan with MetroBank payable in five years with 10% annual interest and the balance on account.6 Hired 9 employees paying P6,000 monthly.7 Bought salon supplies from Land Mark, P15,000 on account8 Returned 10% defective supplies bought from Land Mark.9 Bought furniture from London's Home Depot worth P14,000. Paid P8,500 cash and the remaining balance on account.10 Bought office supplies, P2,400.14 Rendered salon services to Todd's employees on account, P90,000.15 Paid P175,000 for repairs and maintenance of the salon.17 Withdrew P42,500 for personal expenses.20 Jack deposited P30,000 in the business account as additional investment.21 Collected 50% of the acount from Todd.23 Salon services rendered for cash to clients in A&C Apartel, P9,000.24 Collected remaining receivable from Todd.24 Full settlement of account with Land Mark.25 Received utility bills for the month, P12,750.26 Full settlement of account with London's Home Depot.27 Paid employee's monthly salaries.28 Paid monthly utility bills.30 Rendered salon services to Harbor Riders, receiving P7,500 cash and the remaining P8,250 on account.

Answered: can u please make transaction summary…

Business

Accounting

can u please make transaction summary table, general journal, general ledger and unadjusted trial balance

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 12EA: Scrimiger Paints wants to upgrade its machinery and on September 20 takes out a loan from the bank...

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Concept explainers

The Effect Of Prepaid Taxes On Assets And Liabilities

Many businesses estimate tax liability and make payments throughout the year (often quarterly). When a company overestimates its tax liability, this results in the business paying a prepaid tax. Prepaid taxes will be reversed within one year but can result in prepaid assets and liabilities.

Final Accounts

Financial accounting is one of the branches of accounting in which the transactions arising in the business over a particular period are recorded.

Ledger Posting

A ledger is an account that provides information on all the transactions that have taken place during a particular period. It is also known as General Ledger. For example, your bank account statement is a general ledger that gives information about the amount paid/debited or received/ credited from your bank account over some time.

Trial Balance and Final Accounts

In accounting we start with recording transaction with journal entries then we make separate ledger account for each type of transaction. It is very necessary to check and verify that the transaction transferred to ledgers from the journal are accurately recorded or not. Trial balance helps in this. Trial balance helps to check the accuracy of posting the ledger accounts. It helps the accountant to assist in preparing final accounts. It also helps the accountant to check whether all the debits and credits of items are recorded and posted accurately. Like in a balance sheet debit and credit side should be equal, similarly in trial balance debit balance and credit balance should tally.

Adjustment Entries

At the end of every accounting period Adjustment Entries are made in order to adjust the accounts precisely replicate the expenses and revenue of the current period. It is also known as end of period adjustment. It can also be referred as financial reporting that corrects the errors made previously in the accounting period. The basic characteristics of every adjustment entry is that it affects at least one real account and one nominal account.

Question

can u please make transaction summary table, general journal, general ledger and unadjusted trial balance

AG
AH
Al
A
A AK AL
AM
AN
AO
AP
A
A AR AS AT
AU
AW
AX AY
A Z E BB BC BD
ВЕ
E
E BG BH BI
BJ
B
BL
BM
BN
4
SCISSORHANDS MEN'S SALON
SCISSORHANDS MEN'S SALON
SCISSORHANDS MEN'S SALON
GENERAL LEDGER
FOR THE MONTH OF SEPTEMBER, 2016
6
GENERAL JOURNAL
UNADJUSTED TRIAL BALANCE
FOR THE MONTH OF SEPTEMBER, 2016
SEPTEMBER 30, 2016
7
PARTICULARS
CREDIT
POST
REF:
DATE
ST
DEBIT
FOST REF:
Debit
Credit
8
DATE
ITEMS
DEBIT
DATE
ITENS
CREDIT
DATE
ITENS
DEBIT
DATE
ITENS
CREDIT
10
11
12
13
14
15
16
FOST REFI
17
DATE
ITENS
DEBIT
DATE
ITEMS
CREDIT
18
19
20
21
22
23
24
FOST REF
fOST REF:
Totals
25
DATE
ITENS
DEBIT
DATE
ITEMS
CREDIT
DATE
ITENS
DEBIT
DATE
ITENS
CREDIT
26
27
28
29
30
31
32
FOST REF
FOST REF:
33
DATE
ITEMS
DEBIT
DATE
ITENS
CREDIT
DATE
ITENS
DEBIT
DATE
ITEMS
CREDIT
34
35
36
37
38
39
40
FOST REF:
FOST REF:
41
DATE
ITEMS
DEBIT
DATE
ITENS
CREDIT
DATE
ITENS
DEBIT
DATE
ITEMS
CREDIT
42
43
44
45
46
47
48
oST REF:
FOST REF:
49
DATE
ITENS
DEBIT
DATE
ITENS
CREDIT
DATE
ITENS
DEBIT
DATE
ITENS
CREDIT
50
51
Sheet1
(+)

Date
Transaction
Jack Sparrow withdrew P500,000 from his personal account in Allied Bank and deposited the account to BPI under the
SEPTEMBER 2
account Scissorhands Men's Salon.
Bought P600,000 salon equipment from Marker Electronics. Terms of payment are as follows: 20% downpayment, 50% was
5
approved as loan with MetroBank payable in five years with 10% annual interest and the balance on account.
6 Hired 9 employees paying P6,000 monthly.
7 Bought salon supplies from Land Mark, P15,000 on account
8 Returned 10% defective supplies bought from Land Mark.
9 Bought furniture from London's Home Depot worth P14,000. Paid P8,500 cash and the remaining balance on account.
10 Bought office supplies, P2,400.
14 Rendered salon services to Todd's employees on account, P90,000.
15 Paid P175,000 for repairs and maintenance of the salon.
17 Withdrew P42,500 for personal expenses.
20 Jack deposited P30,000 in the business account as additional investment.
21 Collected 50% of the acount from Todd.
23 Salon services rendered for cash to clients in A&C Apartel, P9,000.
24 Collected remaining receivable from Todd.
24 Full settlement of account with Land Mark.
25 Received utility bills for the month, P12,750.
26 Full settlement of account with London's Home Depot.
27 Paid employee's monthly salaries.
28 Paid monthly utility bills.
30 Rendered salon services to Harbor Riders, receiving P7,500 cash and the remaining P8,250 on account.

Definition Definition Statement that shows the ending balance of all the ledger accounts of a firm at the end of the accounting period. The trial balance is prepared after all the entries have been posted to the ledger accounts and assists in preparing the final accounts of a firm.

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