please journalize following transactions or activity thanku 2. Journalize the following transactions on journal page 299 for Wiley'sDriving School, using these accounts: Cash; Accounts Receivable/L. Starr;Equipment; Automobiles; Accounts Payable/Grant's Esso; R. Wiley,Capital; Revenue from Lessons; Salaries Expense; Advertising Expense;Automobile Expense; Utilities Expense.Aug. 1 R. Wiley invested an additional $40 000 cash.2 Purchased equipment for $2000, Cheque 107.4 Purchased a car from Dardick Motors for $36 000, Cheque 108.5 Received $1700 for driving lessons, Sales Slips 293-296.7 Paid $1300 for instructors' salaries for the week, Cheque 109.9 Paid $275 to Bell Canada, Cheque 110.10 Received $1800 from customers taking driving lessons, Sales Slips297-300.11 Issued Sales Invoice 192 for $400 to L. Starr, who is takinglessons but will pay at a later date.11 Received a bill for $290 from Grant's Esso for gas and oil used bythe cars.12 Paid $190 for hydro, Cheque 111.13 Sent $170 to the Daily Star for advertising, Cheque 112.14 Received $400 from L. Starr to pay off amount owing for lessons,Invoice 192.

Refer below for the journal entries for the above transactions

Answered: please journalize following…

Business

Accounting

please journalize following transactions or activity thanku

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter3: Journalizing Transactions

Section: Chapter Questions

Problem 1AP

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Mr. Arish opened Arish’s Carpet Cleaners on March 1, 2021. During March, the followingtransactions were completed.Mar. 1: Invested Tk 15,000 cash in the business.Mar. 1: Purchased used Lorry for Tk 6,000, paying Tk 3,000 cash and the balance onaccount.Mar. 3: Purchased cleaning supplies for Tk 1,500 on account.Mar. 5: Paid Tk 1,200 cash on one-year insurance policy effective March 1.Mar. 14: Billed customers Tk 4,800 for cleaning services.Mar. 18: Paid Tk 1,500 cash on amount owed on Lorry and Tk 500 on amount owed oncleaning supplies.Mar. 20: Paid Tk 2,000 cash for employee salaries.Mar. 21: Collected Tk 2,800 cash from customers billed on March 14.Mar. 28: Billed customers Tk 2,500 for cleaning services.Mar. 31: Paid advertising expenses of Tk 500.Mar. 31: Withdrew Tk 1000 cash for personal use.Requirements: 1) Journalize the following adjustments and prepare an adjusted Trial Balance: (1) Earned but unbilled revenue at March 31 was Tk 500. (2) Depreciation on equipment for the month…
Mr. Arish opened Arish’s Carpet Cleaners on March 1, 2021. During March, the followingtransactions were completed.Mar. 1: Invested Tk 15,000 cash in the business.Mar. 1: Purchased used Lorry for Tk 6,000, paying Tk 3,000 cash and the balance onaccount.Mar. 3: Purchased cleaning supplies for Tk 1,500 on account.Mar. 5: Paid Tk 1,200 cash on one-year insurance policy effective March 1.Mar. 14: Billed customers Tk 4,800 for cleaning services.Mar. 18: Paid Tk 1,500 cash on amount owed on Lorry and Tk 500 on amount owed oncleaning supplies.Mar. 20: Paid Tk 2,000 cash for employee salaries.Mar. 21: Collected Tk 2,800 cash from customers billed on March 14.Mar. 28: Billed customers Tk 2,500 for cleaning services.Mar. 31: Paid advertising expenses of Tk 500.Mar. 31: Withdrew Tk 1000 cash for personal use. Journalize the following adjustments and prepare an adjusted Trial Balance:(1) Earned but unbilled revenue at March 31 was Tk 500.(2) Depreciation on equipment for the month was Tk 200.(3)…
Mr. Arish opened Arish’s Carpet Cleaners on March 1, 2021. During March, the followingtransactions were completed.Mar. 1: Invested Tk 15,000 cash in the business.Mar. 1: Purchased used Lorry for Tk 6,000, paying Tk 3,000 cash and the balance onaccount.Mar. 3: Purchased cleaning supplies for Tk 1,500 on account.Mar. 5: Paid Tk 1,200 cash on one-year insurance policy effective March 1.Mar. 14: Billed customers Tk 4,800 for cleaning services.Mar. 18: Paid Tk 1,500 cash on amount owed on Lorry and Tk 500 on amount owed oncleaning supplies.Mar. 20: Paid Tk 2,000 cash for employee salaries.Mar. 21: Collected Tk 2,800 cash from customers billed on March 14.Mar. 28: Billed customers Tk 2,500 for cleaning services.Mar. 31: Paid advertising expenses of Tk 500.Mar. 31: Withdrew Tk 1000 cash for personal use. Requirements: Prepare the Income Statement and Owner’s Equity Statement for March and aclassified Financial Position at March 31
Mr. Arish opened Arish’s Carpet Cleaners on March 1, 2021. During March, the followingtransactions were completed.Mar. 1: Invested Tk 15,000 cash in the business.Mar. 1: Purchased used Lorry for Tk 6,000, paying Tk 3,000 cash and the balance onaccount.Mar. 3: Purchased cleaning supplies for Tk 1,500 on account.Mar. 5: Paid Tk 1,200 cash on one-year insurance policy effective March 1.Mar. 14: Billed customers Tk 4,800 for cleaning services.Mar. 18: Paid Tk 1,500 cash on amount owed on Lorry and Tk 500 on amount owed oncleaning supplies.Mar. 20: Paid Tk 2,000 cash for employee salaries.Mar. 21: Collected Tk 2,800 cash from customers billed on March 14.Mar. 28: Billed customers Tk 2,500 for cleaning services.Mar. 31: Paid advertising expenses of Tk 500.Mar. 31: Withdrew Tk 1000 cash for personal use.Requirements: 4) Journalize the following adjustments and prepare an adjusted Trial Balance:(1) Earned but unbilled revenue at March 31 was Tk 500.(2) Depreciation on equipment for the month…
Mr. Arish opened Arish’s Carpet Cleaners on March 1, 2021. During March, the followingtransactions were completed.Mar. 1: Invested Tk 15,000 cash in the business.Mar. 1: Purchased used Lorry for Tk 6,000, paying Tk 3,000 cash and the balance onaccount.Mar. 3: Purchased cleaning supplies for Tk 1,500 on account.Mar. 5: Paid Tk 1,200 cash on one-year insurance policy effective March 1.Mar. 14: Billed customers Tk 4,800 for cleaning services.Mar. 18: Paid Tk 1,500 cash on amount owed on Lorry and Tk 500 on amount owed oncleaning supplies.Mar. 20: Paid Tk 2,000 cash for employee salaries.Mar. 21: Collected Tk 2,800 cash from customers billed on March 14.Mar. 28: Billed customers Tk 2,500 for cleaning services.Mar. 31: Paid advertising expenses of Tk 500.Mar. 31: Withdrew Tk 1000 cash for personal use. Requirements: 3) Prepare a Trial Balance at March 31
Mr. Arish opened Arish’s Carpet Cleaners on March 1, 2021. During March, the followingtransactions were completed.Mar. 1: Invested Tk 15,000 cash in the business.Mar. 1: Purchased used Lorry for Tk 6,000, paying Tk 3,000 cash and the balance onaccount.Mar. 3: Purchased cleaning supplies for Tk 1,500 on account.Mar. 5: Paid Tk 1,200 cash on one-year insurance policy effective March 1.Mar. 14: Billed customers Tk 4,800 for cleaning services.Mar. 18: Paid Tk 1,500 cash on amount owed on Lorry and Tk 500 on amount owed oncleaning supplies.Mar. 20: Paid Tk 2,000 cash for employee salaries.Mar. 21: Collected Tk 2,800 cash from customers billed on March 14.Mar. 28: Billed customers Tk 2,500 for cleaning services.Mar. 31: Paid advertising expenses of Tk 500.Mar. 31: Withdrew Tk 1000 cash for personal use.Requirements: 1) Prepare the Income Statement and Owner’s Equity Statement for March and a classified Financial Position at March 31 2) Journalize Closing Entries.
Mr. Arish opened Arish’s Carpet Cleaners on March 1, 2021. During March, the followingtransactions were completed.Mar. 1: Invested $15,000 cash in the business.Mar. 1: Purchased used Lorry for $6,000, paying $3,000 cash and the balance onaccount.Mar. 3: Purchased cleaning supplies for $1,500 on account.Mar. 5: Paid $1,200 cash on one-year insurance policy effective March 1.Mar. 14: Billed customers $4,800 for cleaning services.Mar. 18: Paid $1,500 cash on amount owed on Lorry and $500 on amount owed oncleaning supplies.Mar. 20: Paid $2,000 cash for employee salaries.Mar. 21: Collected $2,800 cash from customers billed on March 14.Mar. 28: Billed customers $2,500 for cleaning services.Mar. 31: Paid advertising expenses of $500.Mar. 31: Withdrew $1000 cash for personal use.Requirements:a) Journalize the March transactions.b) Prepare necessary Ledger Accounts.c) Prepare a Trial Balance at March 31.d) Journalize the following adjustments and prepare an adjusted Trial Balance: (i) Earned…