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please andwer the quation now ) O ) (abo...

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Accounting

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) O ) (abo 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 Land $80,000. Paid $50,000 Cheque rest on credit 4. On October 15, 2015, LBC Company provided 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. LBC Company paid cash water expense $5,000, salary expense $10,000 and rent expense $15,000 10. On October 30, 2015. LBC Company owners withdraw cash 84,000 for personal use. Requirement: From above transactions prepare: 1. Journal Book 2. Ledger Book 3. Trial Balance 4. Income Statement 5. Statement of Change in Equity Rolanra Chat

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