GoGreen started operation on 1 August 2021. The general journal of GoGreen contained the entries below for the month of August 2021. Date Details Debit Credit 1-Aug Cash at Bank 200,000 Capital 200,000 8-Aug Wages Expense 28,000 Cash at Bank 28,000 16-Aug Equipment 300,000 Accounts Payable 300,000 22-Aug Accounts Receivable 80,000 Services Revenue 80,000 30-Aug Accounts Payable 20,000 Cash at Bank 20,000 Required: Post the above journal entries to the general ledger below and balance each ledger account.

GoGreen started operation on 1 August 2021. The general journal of GoGreen contained the entries below for the month of August 2021. Date Details Debit Credit 1-Aug Cash at Bank 200,000 Capital 200,000 8-Aug Wages Expense 28,000 Cash at Bank 28,000 16-Aug Equipment 300,000 Accounts Payable 300,000 22-Aug Accounts Receivable 80,000 Services Revenue 80,000 30-Aug Accounts Payable 20,000 Cash at Bank 20,000 Required: Post the above journal entries to the general ledger below and balance each ledger account.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Date	Details	Debit	Credit
1-Aug	Cash at Bank	200,000
	Capital		200,000

8-Aug	Wages Expense	28,000
	Cash at Bank		28,000

16-Aug	Equipment	300,000
	Accounts Payable		300,000

22-Aug	Accounts Receivable	80,000
	Services Revenue		80,000

30-Aug	Accounts Payable	20,000
	Cash at Bank		20,000