Mathematics, 01.06.2021 20:20 FirstLieutenantTrain
HIII!! PLEASE ANSWER THIS QUESTION QUICK IM CONFUSED
Using the following chart of Accounts for NG, CHEUK, LEGAL ADVISER:
Cash at Bank 1 β 100
Account Receivable 1 β 200
Office Equipment 1 β 300
Accounts Payable 2 β 100
NG, Cheuk, Capital 3 β 100
Service Fees Revenue 4 β 100
Journalsie the entries, post them to the general ledger and prepare a trial balance for NG, Cheuk, Legal Adviser
as at 31 December 2016.
December 1 NG, Cheuk commenced business with $200,000
December 9 NG, Cheuk provided Legal advice and received 36,000 in cash
December16 Paid for Office Equipment worth 45,000 and paid a deposit of 10,000 and the remainder was on Account
December 22 NG, Cheuk provided Legal advice on Account, 22,000
December 31 NG, Cheuk received cash of 12,000 from an Account receivable.
Answers: 3
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HIII!! PLEASE ANSWER THIS QUESTION QUICK IM CONFUSED
Using the following chart of Accounts for NG,...
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