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Please give the journal entries with out explanation and trial balance. 1. Reinvestment in the form of cash 80,000 and furniture worth 20,000. 2. Cash sales 10,000 and account sales 12,000. 3. Bought goods 60,000 paid 15,000 cash and remaining notes payable . 4. Purchase equipment worth 99,000 paid cash 19,000 and balance through installment. 5. Goods returned by credit customers are worth 12,000. 6. Paid first installment 20,000.   Account titles Cash Accounfs receivable Sales Furniture Purchases Notes payable Office equipment Sales return Owner's capital Accounts payable

Please give the journal entries with out explanation and trial balance. 1. Reinvestment in the form of cash 80,000 and furniture worth 20,000. 2. Cash sales 10,000 and account sales 12,000. 3. Bought goods 60,000 paid 15,000 cash and remaining notes payable . 4. Purchase equipment worth 99,000 paid cash 19,000 and balance through installment. 5. Goods returned by credit customers are worth 12,000. 6. Paid first installment 20,000.   Account titles Cash Accounfs receivable Sales Furniture Purchases Notes payable Office equipment Sales return Owner's capital Accounts payable

FINANCIAL ACCOUNTING
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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Please give the journal entries with out explanation and trial balance.

1. Reinvestment in the form of cash 80,000 and furniture worth 20,000.

2. Cash sales 10,000 and account sales 12,000.

3. Bought goods 60,000 paid 15,000 cash and remaining notes payable .

4. Purchase equipment worth 99,000 paid cash 19,000 and balance through installment.

5. Goods returned by credit customers are worth 12,000.

6. Paid first installment 20,000.

 

Account titles

Cash

Accounfs receivable

Sales

Furniture

Purchases

Notes payable

Office equipment

Sales return

Owner's capital

Accounts payable

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