Lolas Fabulous Boutique General Journal For the month of March 2023 ...

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Accounting

Lolas Fabulous Boutique General Journal For the month of March 2023
Date Account Debit ($) Credit ($)
1-Mar Cash 50,000
Motor Vehicle 140,000
Capital 190000
2-Mar Bank 260,000
Loan from Victoria National Bank 260,000
3-Mar Store Furniture 60,000
Bank 60,000
Purchases 130,000
Bank 130,000
4-Mar Purchases 150,000
Account Payable - Appliance Trading Ltd 150,000
Sales 110,000
Cash 110,000
5-Mar Accounts Receivable - Designer Collections 105,000
Accounts Receivable - Dee's Fifth Avenue 95,000
Sales 105000
Sales 95,000
7-Mar Purchases 80,000
Accounts Payable - Louis Button 80,000
8-Mar Accounts Receivable - Tom Ford 80,000
Sales 80,000
10-Mar Purchases 12,000
Cash 12,000
13-Mar Purchases Return - Louis Button 5,000
Account Payable - Louis Button 5,000
15-Mar Purchases 35,200
Accounts Payable - Coco Chantal 35,200
16-Mar Bank 135,000
Sales 135,000
17-Mar Cash 100,800
Sales Discounts 4200
Designer Collection 105,000
18-Mar Bank 50,000
Cash 50,000
19-Mar Sales 4,500
Dee's Fifth Avenue 4,500
Accounts Receivable - Dee's Fifth Avenue 4,500
Sales Returns 4,500
20-Mar Accounts Payable - Louis Button 69,000
Cash 63,000
Purchase Discounts 6,000
22-Mar Utilities Expense - Electricity 60,000
Bank 60,000
Utilities Expense - Water 30,000
Cash 30,000
Utilities Expense - Security 25,000
Bank 25,000
25-Mar Salaries Expense 85,000
Bank 85,000
28-Mar Personal Drawings - Louis Button Ball Gown 18,500
Purchases 18,500
30-Mar Bank 15,000
Commission Earned 15,000
1,913,700 1913700

do the general ledger for each

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