how to enter the folloeung opebjng balances in the ledger accounts? ...
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how to enter the folloeung opebjng balances in the ledger accounts?
Sassafras Sis, Ine Chart of Aecounts income statement Accounts Sassafras Sic, inc is a pool design firm based in Orona, Florida. Based on the following fact partern complete the entire accounting oycle case study lor 200. 1 Pecord the following entries for the month of May is the General loumal (OJ) pages 11 and 12 1 Pald cash $1,200 for 12 menth insurance policy 3 paid cash for various expenses $3,000 5 Purchased supplies $2,000 en account. 10 Paid cash for office equipment $3,600. 17 Paid 51,000 cash to creditor 20 Revenue from designing several pools $12,000. Aeceived $7,000 cask, remainder on account. 22 heceived $900 cash from customer for future wark 24 Received $1,000 cash from custemer paing bown accoum 25 Social media "Hes" exceed 5000 . Marketins anticipates a sales bump of 51 per like. 30 Board of Directors declared and paid cash Owidend \$1,000 EXCLUDE THE DESCRIPTION ALWAYS LEAVE A SPACE BETWEEN SEPARATE TRANSACTIONS
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