Additional_Question_on_Chapter_3 - Journalising...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Journalising transactions, posting to T-accounts and preparing a trial balance Rodney Troon opened a legal office on 2 December of the current year. During the first month of operations, the business completed the following transactions: Dec. 2 Troon deposited $50 000 cash in the business bank account Rodney Troon, Solicitor. 3 Purchased supplies, $500, and furniture, $2 600, on credit. 4 Performed legal service for a client and received cash, $1 500. 7 Paid cash to acquire land for a future office site, $22 000. 11 Prepared legal documents for a client on account, $900. 15 Paid secretary’s salary, $570. 16 Paid for the furniture purchased 3 December on credit. 18 Received $1 800 cash for helping a client sell real estate. 19 Defended a client in court and billed the client for $800. 29 Received partial payment from client on account, $400. 31 Paid secretary’s salary, $570. 31 Paid rent expense, $700. 31
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/30/2010 for the course BUSS Acct taught by Professor 201 during the Three '10 term at Notre Dame AU.

Page1 / 5

Additional_Question_on_Chapter_3 - Journalising...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online