The following was happen in the C.C.C company: 1-Company invests 86,000 of its own money to start the business. 2- purch

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The Following Was Happen In The C C C Company 1 Company Invests 86 000 Of Its Own Money To Start The Business 2 Purch 1 (46.16 KiB) Viewed 10 times

The following was happen in the C.C.C company: 1-Company invests 86,000 of its own money to start the business. 2- purchases Equipment by 8,500 companies paid 15% cash and will pay others next month. 3- Paid by cash 300 for electric, 1,200 for rent, and 320 for Insurance. 4- Bought office supplies by 700 on the account. 5- Earns service revenue amount 2,400 receive 40% cash and other after one month. 6- Borrow 2200 from the bank and deposited it in the treasury of the company 7- Purchased furniture by cash 1,300. 8-Received 200 cash from the debtor according to a transaction (5). 9- Paid 4500 to the creditor according to the transaction (2) So please prepare: 1- Journal entries. (6Marks) 2- Ledgers. (8Marks) 3- Trial Balance. (3 Marks) 4-Income statements. (2 Mark) 5- Owner Equity. (2 Mark) 6-Balance sheet. (2 Marks)