Complete journal entries for the above transactions

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Reference no: EM132000177

Your? company's transactions for the month ? (first month of? business) –

?12/1 Investment by owners

?12/02 Purchase of Equipment with an accounts payable

?12/15 Made service sale on account

?12/23 Collected in Cash? ½ of accounts receivables

?12/23 Paid in Cash Salaries for December

?12/31 Paid Cash? ½ of accounts payable

a. Complete journal entries for the above transactions using your own amounts.

b. Construct trial? balance, income? statement, statement of retained earnings? & owner’s equity and a balance sheet and statement of cash flow as of January? 31, 2016.

Reference no: EM132000177

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