Joey a Canadian Citizen recently started delivery services near GTA region. The following transactions resulted for Niel Delivery Services for the Month of December 2022. Write a Journal Ledger and Trial Balance. Dec 1: Jojo invested $10,000 in the business from his personal savings account. Dec 2: Bought delivery trucks on account, $17,000. Dec 3: Advertising bill received but unpaid, $700. Dec 4: Bought office equipment for cash, $1,200. Dec 5: Received cash for delivery services rendered, $15,000. Dec10: Paid salaries expense, $3,000. Dec 15: Paid gas expense for company trucks, $1,250. Dec 20: Billed customers for delivery services rendered, $4,000. Dec 30: Paid telephone bill, $300. Dec 30: Received $3,000 as partial payment of goods sold on December 20. Dec 31: Joey paid home telephone bill from company check book. S150
Joey a Canadian Citizen recently started delivery services near GTA region. The following transactions resulted for Niel Delivery Services for the Month of December 2022. Write a Journal Ledger and Trial Balance. Dec 1: Jojo invested $10,000 in the business from his personal savings account. Dec 2: Bought delivery trucks on account, $17,000. Dec 3: Advertising bill received but unpaid, $700. Dec 4: Bought office equipment for cash, $1,200. Dec 5: Received cash for delivery services rendered, $15,000. Dec10: Paid salaries expense, $3,000. Dec 15: Paid gas expense for company trucks, $1,250. Dec 20: Billed customers for delivery services rendered, $4,000. Dec 30: Paid telephone bill, $300. Dec 30: Received $3,000 as partial payment of goods sold on December 20. Dec 31: Joey paid home telephone bill from company check book. S150
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 5PA: Inner Resources Company started its business on April 1, 2019. The following transactions occurred...
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