Prepare the cash account, Ahmed training centre was started

Prepare the cash account

Reference no: EM131026173

Ahmed training centre was started on august 1 2015 a summary of august transactions is presented below.

August 1 invested $35000 cash to start the business
August 5 purchased equipment for $15000 cash
August 9 Paid $1750 cash for supplies
August 15 Paid $1400 cash for august rent
August 18 Received $17850 in cash from customers for training services
August 20 Received August advertising bill from the daily news for $875
August 25 Paid employee salaries $7000
August 28 Paid Utility Bills $490
August 30 Withdrew $3500 cash for personal use
August 31 Provided training service on account to customers $2625.

Prepare the Journal entries for the month of August 2015
Prepare the cash account.

Reference no: EM131026173

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