how can i place it t account june 2 miss paz started fashionable beauty following initial 0
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how can i place it in t-account?
june 2-miss paz started fashionable beauty with the following initial investments.
cash-10,000
computr unit-30,000
furniture and fixtures-40,0000
supplies-9,000
june 2–the business was registerd with DTI,BIRMAYORS PERMIT spending 2,300
june 5–acquired printer amounting to 6,000
june 15–acquired computer chairs and tables on account 12,000 payable within five months
june 16–purchased beauty equipmnt for beauty regeneration of customers ,25,000 paying 5,000 cash and the remainder on account to be paid after one month.
june 20–issued three months promissory note amounting to 12,000 to settle the obligation for acquiring computer chairs and tables .
june 21–miss nable withrew 1,500 for personal use
june 23–used supplies amounting to 7,000
june 26–collected 40,000 for beauty services rendered to a various clients
june 27–received electricity bill used by business 1,200
june 28–billed 85,000 from a client for beauty regeneration performed
june 29–transportation expense incurred and paid 3,000
june 30–paid 5,000 for beautician monthly salary
june 30–provided 10 % allowance for depreciation for the use of office equipment and furniture and fixtures.
thanks
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