1 1-Jun-20 Bill Williams invested $200,000 in cash and office equipment that had a fair...
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Accounting
1
1-Jun-20
Bill Williams invested
$200,000 in cash and office equipment that had a fair value of $48,000 in the business
2 1-Jun-20 Prepaid $14,400 cash for three months' rent for an office
3 2-Jun-20 Made a credit purchase of office equipmement for $24,000 and office supplies for $4,800
4 6-Jun-20 Completed services for a client and immediately received $4,000
cash
5 9-Jun-20 Completed a $16,000
project for a client, who will pay within 30 days
6 10-Jun-20 Paid the accounts payable created on Jun2.
7 19-Jun-20 Paid $12,000 cash for the annual premium on an insurance policy
8 22-Jun-20 Received $12,800 as partial payment for the work completed on
Jun9, 2020
9 25-Jun-20 Completed work for another client for $5,280 on credit
10 30-Jun-20 Bill withdrew $12,400
cash from the business for personal use
11 30-Jun-20 Purchased $1,600 of additional office supplies on credit
12 30-Jun-20 Paid $1,400 for the month's utility bill.
1
1-Jun-20
Bill Williams invested
$200,000 in cash and office equipment that had a fair value of $48,000 in the business
2 1-Jun-20 Prepaid $14,400 cash for three months' rent for an office
3 2-Jun-20 Made a credit purchase of office equipmement for $24,000 and office supplies for $4,800
4 6-Jun-20 Completed services for a client and immediately received $4,000
cash
5 9-Jun-20 Completed a $16,000
project for a client, who will pay within 30 days
6 10-Jun-20 Paid the accounts payable created on Jun2.
7 19-Jun-20 Paid $12,000 cash for the annual premium on an insurance policy
8 22-Jun-20 Received $12,800 as partial payment for the work completed on
Jun9, 2020
9 25-Jun-20 Completed work for another client for $5,280 on credit
10 30-Jun-20 Bill withdrew $12,400
cash from the business for personal use
11 30-Jun-20 Purchased $1,600 of additional office supplies on credit
12 30-Jun-20 Paid $1,400 for the month's utility bill.
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