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Calculations of following question :
JC ENTERPRISE SOLD MERCHANDISE FOR $15000.00purchased office equipment on account $ 4000.00PAID RENT $12000.00PAID SALARY $ 3000.00PAID UTILITIES EXPENSE $ 5000.00PAID ADVERTISING EXPENSE $3000.00PAID TRANSPOTATION EXPENSE $ 1200.00PURCHASE SUPPLIES ON ACCOUNT $ 750.00performed service on account 4 5000.00collected fees $ 6000.00
Problem 1: Prepare Journal entries, General ledger, Income statement (Profit/Loss Statement) and Balance sheet
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