A company had the following transactions:
$\begin{array}{ll}
\text { October } 1 & \text { Georgeanne started a new business investing } \$ 30000 \text { into the business bank account } \
\text { October } 3 & \text { Purchased equipment for } \$ 10 \text { 000 on credit from Astor Equipment } \
\text { October } 5 & \text { Sales of } \$ 1000 \text { on account to Joe Rice, cost of sales is } \$ 450 \
\text { October } 15 & \text { Pays Astor Equipment } \$ 5000 \
\text { October } 20 & \text { Received } \$ 750 \text { from Joe Rice } \
\text { October } 30 & \text { Georgeanne takes } \$ 1200 \text { from the business for her personal use }
\end{array}$ Journalise these transactions.

Question

A company had the following transactions:
 $\begin{array}{ll}
\text { October } 1 & \text { Georgeanne started a new business investing } \$ 30000 \text { into the business bank account } \
\text { October } 3 & \text { Purchased equipment for } \$ 10 \text { 000 on credit from Astor Equipment } \
\text { October } 5 & \text { Sales of } \$ 1000 \text { on account to Joe Rice, cost of sales is } \$ 450 \
\text { October } 15 & \text { Pays Astor Equipment } \$ 5000 \
\text { October } 20 & \text { Received } \$ 750 \text { from Joe Rice } \
\text { October } 30 & \text { Georgeanne takes } \$ 1200 \text { from the business for her personal use }
\end{array}$ Journalise these transactions.

Quizplus · Accepted Answer

The Answer of A company had the following transactions:
 $\begin{array}{ll}
\text { October } 1 & \text { Georgeanne started a new business investing } \$ 30000 \text { into the business bank account } \
\text { October } 3 & \text { Purchased equipment for } \$ 10 \text { 000 on credit from Astor Equipment } \
\text { October } 5 & \text { Sales of } \$ 1000 \text { on account to Joe Rice, cost of sales is } \$ 450 \
\text { October } 15 & \text { Pays Astor Equipment } \$ 5000 \
\text { October } 20 & \text { Received } \$ 750 \text { from Joe Rice } \
\text { October } 30 & \text { Georgeanne takes } \$ 1200 \text { from the business for her personal use }
\end{array}$ Journalise these transactions.

A Company Had the Following Transactions Journalise These Transactions