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Accounting

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Principles of Accounting I... 3 ) (30 ) LO4 The Following Transactions Extracted from LBC Company 1 On October 1, 2015. LBC Company starts new business by investing $900.000 Cash 2. On October 6, 2015. LBC Company transfer $400.000 cash to bank 3. On October 10, 2015. LBC Company purchased and 580.000. Pad 550.000 sheque rest on credit 4. On October 15, 2015. LBC Company provide services $250.000 cash 5. On October 19, 2015. LBC Company purchased goods from Khalfan on credit $90,000 6. On October 23, 2015 LBC Company sold goods on credit $19,000 to Ahmed. 7. On October 24, 2015, LBC Company paid cash $50,000 to Khalfan 8. On October 25, 2015. LBC Company received cheque $10,000 from Ahmed. 9. On October 26, 2015. I.BC Company paid cash water expense $5,000, salary expense $10,000 and rent epense $15,000 10 On October 30, 2015. LBC Company owners withdraw cash $4,000 for personal use. Requirement: From above transactions prepare: 1 Journal Book 2 Ledger Book 3. Trial Balance + Income Statement 5. Statement of Change in Equity : 10 1GE : Word , Excel , PPT , PDF

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