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[solution] » On October 1, 2004, Kay Breeze launched a computer service

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On October 1, 2004, Kay Breeze launched a computer service
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On October 1, 2004, Kay Breeze launched a computer service company, Success Systems that is organised as a sole proprietorship and provides consulting services, computer system installation, and custom programme development. During the month of October, the following transactions took place:

Oct

1

Kay Breeze invested Cash $20,000 bank $55,000, a $20,000 computer system, and $8,000 of office equipment in the business.

3

Purchased $1,420 of computer supplies on credit from Cain Office Products.

6

Billed Easy Leasing $4,800 for services performed in installing a new Web server.

8

Paid $1,420 cheque for the computer supplies purchased from Cain Office Products on October 3.

10

Hired Sherry Adams as a part-time assistant for $125 per day, as needed.

12

Billed Easy Leasing another $1,400 for services performed.

15

Received $4,800 by cheque from Easy Leasing on its account.

17

Paid $805 cash to repair computer equipment damaged when moving it.

Withdrew $500 cash from the bank for office use.

20

Paid $1,940 cash for an advertisement in the local newspaper.

22

Received $1,400 cash from Easy Leasing on its account.

28

Billed Clark Company $5,208 for services performed.

31

Paid $875 cash for Sherry Adam?s wages for seven days of work.

31

Breeze withdrew $3,600 bank for personal use.

Post the following transactions in ?T? account format

 







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