Acc101

Question 1 The following transactions occurred during the month of menage for Wendys Wedding Planning Services.

1 folk paying the insurance in advance for the period ending 31 declination $4,000 2 familyReceived $1,500 in advance for marriage solemnity provision services to be provided in October 8 family linePaid the salary to staff $2,900 (not previously recorded) 9 folkNegotiated with a spic-and-span thickening regarding grooming a freehanded wedding for December, with an expected payment of $5,500 11 family linePaid an account payable $800 14 SeptemberReceived specie on account from a client $3,200 16 September utilize up $300 of stationery 19 SeptemberPurchased new component part furniture on credit $10,000 20 SeptemberProvided wedding homework services to a client for cash $2,800 22 SeptemberPaid $5,000 forward the bank loan 26 SeptemberPaid the electricity bill for September $600 in cash (not previously recorded) 28 SeptemberProvided wedding planning services to clients on account $4,800 30 SeptemberUsed up 1 month of the insurance that was prepaid on 1 September Wendys Wedding Planner Services Worksheet Assets =Liabilities +Equity bookingCash at bankAccounts ReceivableStationeryprepaid InsuranceOffice FurnitureAccounts PayableUnearned receiptsBank LoanCapitalProfit or loss 1-Sep22, cd9,100700400035,0006,200015,00050,000 2-Sep 1500 1500 8-Sep-2900 -2900 9-SepNo Transaction 11-Sep-800 -800 14-Sep3200 3200 16-Sep -300 -300 19-Sep 1000010000 20-Sep2800 2800 22-Sep-5000 - 5000 26-Sep-600 -600 28-Sep 4800 ! 4800 30-Sep -1000 -1000 Balance19,10015,4004003,00045,00015,4001,50010,00050,0006,000 Question 2 1.Describe the master(prenominal) business activities of Metcash Ltd, including the industries they operate in. The main...If you privation to get a large essay, order it on our website: BestEssayCheap.com

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