Issued Check No. 868 for $8,200 to pay Blue Blazer Realty for two month's worth of rent in advance. |
|
1 |
Obtained a loan of $48,000 from MRMC Bank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2018 and the principal of the loan is to be repaid on June 1, 2023. |
2 |
Paid the full amount owing to Addax Sports, Check No. 869. |
2 |
Issued Check No. 870 to Office Supplies Warehouse for the purchase of $580 worth of office supplies. |
4 |
Made payment of $840 to State Power for 3 months of electricity up to and including May 31, Check No. 871. |
4 |
Paid sales staff wages of $1,879 for the week up to and including yesterday, Check No. 872. Note that $1,135 of this payment relates to the wages expense incurred during the last week of May. |
5 |
Jump Around paid the full amount owing on their account. |
(Q=310-110-5.AcctsRec5_week1)
SUBSIDIARY LEDGERS
Account: ARC - Jump Around
Account No. 110-5
Date |
Description |
Ref. |
Debit |
Credit |
Balance |
||
May |
31 |
Balance |
4,308 DR |
||||
Jun |
|||||||
Jun |
|||||||
Jun |
(Q=310-210-1.AcctsPay1_week1)
Account: APC - Hike
Account No. 210-1
Date |
Description |
Ref. |
Debit |
Credit |
Balance |
||
May |
31 |
Balance |
2,227 CR |
||||
Jun |
|||||||
Jun |
|||||||
Jun |
(Q=310-210-6.AcctsPay6_week1)
Account: APC - Addax Sports
Account No. 210-6
Date |
Description |
Ref. |
Debit |
Credit |
Balance |
||
May |
31 |
Balance |
3,395 CR |
||||
Jun |
|||||||
Jun |
|||||||
Jun |
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