Class example 1 Mr Greenfinger is the owner of The Garden Guys, who provide garden...
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Accounting
Class example 1 Mr Greenfinger is the owner of The Garden Guys, who provide garden services and landscaping to the general public, Mr Greenfinger is the sole owner of this service business entity and has been providing these services to the public for the past 10 years. During the month of February 20x1, The Garden Guys provides you with evidence of the following transactions (ignore VAT); Date Details 05/FEB The Garden Guys purchased new industrial lawnmowers and other garden equipment from Garden Warehouse Pty(Ltd) on credit for R7 500. 07/FEB Petrol and oil purchased for mowing equipment amounted to R900 cash 10/FEB Purchased a variety of garden plants and soil from Plant it and paid with cash R3 200 13/FEB Parts and labour amounting to R780 were paid to Mike's Mower Maintenance for general repairs of the lawnmowers. 16/FEB Mrs Daisy was invoiced (credit) for landscaping provided to her residential property, Rio 000 20/FEB Mowed the lawn of the sports fields of a local school and received cash of Rs ooo for the services provided. Date Details 22/FEB Filed the business entity's bakkie with diesel, paid cash of R620. 23/FEB Provided plant pruning to the municipal botanical garden, received payment via EFT on the same day of Rio 000. 25/FEB The supplier's account - Garden Warehouse Pty (Ltd) - was paid in full (see 5/FEB) - this was the outstanding amount. 26/ FEB Paid Mr Greenfinger's personal cellphone account as well as the business entity's cellphone bill of R735 and R1 050 respectively with the business entity's debit card, 27/FEB Mrs Daisy paid 75% of her account (see 16/FEB) - this was the only amount outstanding 28/FEB Paid heir salaries for the month, R10 000 REQUIRED: Complete the accounting equation table for all the transactions of The Garden Guys for the month of February
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You can see the logs in the Dashboard.