BAT4M Unit 1 Activity 2 Assignment 1 The following is the trial balance as at December 1, 2015 for Ken’s Barber Shop. Debit 2 000 220 1 400 12 000
Bank Accounts Receivable Supplies Furniture and Fixtures Accounts Payable Bank Loan K. Goldberg, Capital The Chart of Accounts is as follows: 1001 Bank 1100 Accounts Receivable (all) 1120 Supplies 1300 Furniture and Fixtures 2100 Accounts Payable (all) 2210 HST Payable 2220 HST Recoverable
______ 15 620 2300 3001 3002 4002 5010 5020 5030
Credit
300 7 000 8 320 15 620
Bank Loan K. Goldberg, Capital K. Goldberg, Drawings Fees Earned Utilities Expense Bank Charges Rent Expense
1) Record the following transactions in the general journal. HST is calculated at 13%. 2) Post the transactions in the general journal to the T-account general ledger. 3) Check the trial balance to ensure that debits equal credits. Transactions March 1 Cheque #30, paid monthly rent of $900 plus HST 2 Purchase Invoice #100, bought hair salon supplies on account from Johnson’s for $340 plus HST 2 Cash sales slips for the day, $430 plus HST 2 Sales Invoice #60, M. Swatakzy, $35 plus HST 3 Bank Debit Memo from the bank for service charges of $35 3 Cheque #31, paid Samson Beauty Supplies $100 on account 4 Cash Receipt #20, received $50 on account from F. Manzo 4 $400 monthly automatic payment on the bank loan is transferred from the bank account 4 Cash sales slips for the day, $380 plus HST 5 The owner withdrew $700 worth of the business furniture and took it home for his personal use 5 Purchase Invoice #100 from Union Energy for natural gas $170 plus HST 6 Owner deposited $400 in business bank account from personal funds (additional investment in the business)
3 Cheque #31, paid Samson Beauty Supplies $100 on account. 4 Cash Receipt #20, received $50 on account from F. Manzo. 4 $400 monthly automatic payment on the bank loan is transferred from the bank account. 4 Cash sales slips for the day, $380 plus HST. 5 The owner withdrew $700 worth of the business furniture ...
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Nov 26, 2007 - Initialization: Apply the deterministic method4 of business cycle ac- ..... we call the efficiency wedge components of output, consumption, labor, ...
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Nov 26, 2007 - This paper is about technical appendices for Inaba (2007). Inaba (2007) apply the parameterized expectations algorithm (PEA hereafter) to ...
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Nov 26, 2007 - business cycle accounting to the Japanese economy in a deterministic way ... must be in data constructions, data sources and log-linearization.
Page 2 of 77. 2. Here is a sample of jobs that reflect the Holland Codes. Which jobs reflect your personality and interests? Are they jobs that you would like? REALISTIC INVESTIGATIVE ARTISTIC SOCIAL ENTERPRISING CONVENTIONAL. The âDo-ersâ The â
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