18 Sep Accounting Question
Linda Jewel started a business, Jewelry By Design, a proprietorship, in November 2018. The following transactions transpired in November 2018:
- November 01: Linda Jewel deposited $ 5,000 of her personal funds to Jewelry By Design.
- November 01: Jewelry By Design paid $ 1,000 for November’s rent.
- November 10: Jewelry By Design invoiced a customer $ 7,000 regarding creating necklaces for the customer.
- November 13: Jewelry By Design paid $ 700 cash for office supplies and purchased on account $ 3,000 office furniture.
- November 20: Jewelry By Design attended a craft fair and received $ 3,500 cash for selling bracelets.
- November 22: Jewelry By Design collected payment for the November 10 sale.
- November 26: Jewelry By Design paid $ 1,500 accounts payable.
Required:
- Prepare journal entries for the above transactions.
- Post the journal entries to T-accounts. Identify the postings by date. Date the ending balance of each T-account Nov. 30.
- Prepare Jewelry By Design’s unadjusted trial balance at November 30, 2018.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.