Answered: Make a journal entry with this.…

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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Make a journal entry with this. Bambinini Artsy is a sole proprietorship small business firm. During the month of September 2021, the company completed the following transactions: Sep. 1 Hyvie Lyn Banan, the owner of the company, transferred cash from personal gcash account to the account of the business, P1000. 10 Purchased journal kit inclusions for cash, P750 12 Purchased packaging materials for P250, paying P100 cash and giving a note payable for the balance. 18 Received cash from customers for three mini ephemera kits sold, P159 21 Received cash from customers for three mini ephemera kits sold, P159 25 Received cash from customers for three mini ephemera kits and one customize journal kit sold, P300 28 Hyvie Lyn Banan withdrew cash for personal use, P120 29 Received cash from customers for mined detsash items and one hiraya manawari journal kit sold, P267

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