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18 7 mastery problem answers

18/10/2021 Client: muhammad11 Deadline: 2 Day

Matery Problem

I need the Mastery probelm completed, chapter 4 heintz/parry accounting 21st edition.Mastery Problem pages 128-129 see the attachment


General Journal
Page 1
Date Description Post
Ref. Debit Credit
June 1 Cash J1 10,000.00
Capital J1 10,000.00
invesment in business

June 1 Basketball Equipment J2 3,000.00
cash J2 3,000.00
purchase of basketballs and equipment

June 2 Advertising J3 5,000.00
Cash J3 5,000.00
Advertising expense

June 2 Cash J4 15,000.00
Registration fees J4 15,000.00
Registration fees Income

June 2 basketball court 12,000.00
Accounts Payable 12,000.00
Purchased basketball on account

June 5 Office supplies 300.00
accounts Payable 300.00
purchased supplies on account

June 6 Meals expense 5,800.00
aaccounts payable 5,800.00
Purchased meals on account

June 7 Cash 16,200.00
registration fees 16,200.00
registration fees income

General Journal
Page 2
Date Description Post
Ref. Debit Credit
June 10 Wage expense 500.00
Cash 500.00
Wages paid

June 14 Cash 13,500.00
registration fees 13,500.00
registration fees income

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