H. Record Transactions for Jan 20 Date Transaction 1-Jan Make Initial deposit of $100,000 to checking account 3-Jan Record invoice from Kanya WEST for $1000 5-Jan Purchased Computer from Office Depot on account $3000 10-Jan Provided repair service to ABC for $5000 on account 10-Jan Paid invoice from Kanye West Realty 12-Jan Provided new construction services to DEF on account for $10k 15-Jan Record invoice for legal services $1500 from Pope Pope PLC on account 18-Jan Purchased 1000 bricks from Peter Stones & Bricks at $5 each on account (Hint: create Purchase order and receive item and bill on same day 21-Jan Collected invoice from ABC in full; deposit to Savings 25-Jan Sold 600 bricks to GHI for $10 each on account 30-lan Transfer $25000 from Checking to Savings 1. Submit the following: Trial Balance as of Jan 31, 2023 General Journal for the period Jan 1-31 2023 Inventory Stock Status Report as of Jan 31 2023

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Topic Video
Question
57 H. Record Transactions for Jan 20
58 Date
59
70
Transaction
1-Jan Make Initial deposit of $100,000 to checking account
3-Jan Record invoice from Kanya WEST for $1000
71
5-Jan Purchased Computer from Office Depot on account $3000
72
73
74
75
76
10-Jan Provided repair service to ABC for $5000 on account
10-Jan Paid invoice from Kanye West Realty
12-Jan Provided new construction services to DEF on account for $10k
15-Jan Record invoice for legal services $1500 from Pope Pope PLC on account
18-Jan Purchased 1000 bricks from Peter Stones & Bricks at $5 each on account (Hint: create Purchase order and receive item and bill on same day)
21-Jan Collected invoice from ABC in full; deposit to Savings
25-Jan Sold 600 bricks to GHI for $10 each on account
77
78
79
30-Jan Transfer $25000 from Checking to Savings
80
81 1. Submit the following:
82 Trial Balance as of Jan 31, 2023
83 General Journal for the period Jan 1-31 2023
84 Inventory Stock Status Report as of Jan 31 2023
85
86
87
Transcribed Image Text:57 H. Record Transactions for Jan 20 58 Date 59 70 Transaction 1-Jan Make Initial deposit of $100,000 to checking account 3-Jan Record invoice from Kanya WEST for $1000 71 5-Jan Purchased Computer from Office Depot on account $3000 72 73 74 75 76 10-Jan Provided repair service to ABC for $5000 on account 10-Jan Paid invoice from Kanye West Realty 12-Jan Provided new construction services to DEF on account for $10k 15-Jan Record invoice for legal services $1500 from Pope Pope PLC on account 18-Jan Purchased 1000 bricks from Peter Stones & Bricks at $5 each on account (Hint: create Purchase order and receive item and bill on same day) 21-Jan Collected invoice from ABC in full; deposit to Savings 25-Jan Sold 600 bricks to GHI for $10 each on account 77 78 79 30-Jan Transfer $25000 from Checking to Savings 80 81 1. Submit the following: 82 Trial Balance as of Jan 31, 2023 83 General Journal for the period Jan 1-31 2023 84 Inventory Stock Status Report as of Jan 31 2023 85 86 87
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Accounting Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education