GIVEN: REF. AMOUNT 1. 200,000 PERSONAL CASH TRANSFERREDTO BUSINESS ACCOUNT 2. 10,000 OFFICE SUPPLIES PURCHASED FOR CASH 3. 15,000 Office Rent Paid 4. 70,000 EQUIPT PURCH ON ACCT; 30K FURN & FIXT; 40K OFFICE EQUIPT 5. 60,000 BORROWED FROM EAST WEST BANK; PROMM NOTE SIGNED. 6. 5,000 AN OFFICE EQUIPMENT #4 WAS RETURNED; NOT ON SPECIFICATION. 7. 50,000 CREDITORS ON #4 WAS PARTLY PAID 8. 95,000 PROF SERVICES DONE; 45K IN CASH; BAL, ON ACCT. 9. 20,000 Salaries of Staff Paid 10. 6,000 UTILITY BILLS FOR NEXT MONTH WERE RECEIVED 11. 3,000 ADVERTISING IN INQUIRER IS PAID 12. 30,000 CASH DRAWN FOR PERSONAL USE 13. 4,000 SUPPLIES IN #2 THAT REMAINED UNUSED IS NOW ONLY WORTH P4,000 REQUIRED: A TRANSACTIONAL ANALYSIS USING ACCOUNTING EQUATION AND SPECIFIC ACCOUNT TITLES PROFORMA TEMPLATE: A S S E T S GIVEN: ref. Amount, Cash, Accounts Receivable,Office Supplies,Furniture And Fixt, Equipments LIABILITIES = Accounts Payable,Notes Payable + Capital
GIVEN:
REF. AMOUNT
1. 200,000 PERSONAL CASH TRANSFERREDTO BUSINESS ACCOUNT
2. 10,000 OFFICE SUPPLIES PURCHASED FOR CASH
3. 15,000 Office Rent Paid
4. 70,000 EQUIPT PURCH ON ACCT; 30K FURN & FIXT; 40K OFFICE EQUIPT
5. 60,000 BORROWED FROM EAST WEST BANK; PROMM NOTE SIGNED.
6. 5,000 AN OFFICE EQUIPMENT #4 WAS RETURNED; NOT ON SPECIFICATION.
7. 50,000 CREDITORS ON #4 WAS PARTLY PAID
8. 95,000 PROF SERVICES DONE; 45K IN CASH; BAL, ON ACCT.
9. 20,000 Salaries of Staff Paid
10. 6,000 UTILITY BILLS FOR NEXT MONTH WERE RECEIVED
11. 3,000 ADVERTISING IN INQUIRER IS PAID
12. 30,000 CASH DRAWN FOR PERSONAL USE
13. 4,000 SUPPLIES IN #2 THAT REMAINED UNUSED IS NOW ONLY WORTH P4,000
REQUIRED: A TRANSACTIONAL ANALYSIS USING
PROFORMA TEMPLATE:
A S S E T S
GIVEN:
ref. Amount, Cash,
= Accounts Payable,Notes Payable + Capital
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