Reference no: EM131795869
Journalize the following transactions. Prepare the Income Statement .Statement of Retained Earnings ,Balance Sheet and Statement of Cash Flows using direct method.
Hamilton Company
January 2010
1.cash invested in company 116,000.00
1. cash paid for month's rent 4,000.00
3.office equipment purchased on credit 1,680.00
3. total paid for electrical equipment 14,000.00
3. cash paid at time of purchase of electrical equipment 3,200.00
5.cash paid at time of purchase of electrical equipment 800.00
5.cash paid for office supplies 900.00
6. amount collected for work completed 1,000.00
8.cash collected for services provided 4,600.00
8.office equipment purchased on credit 3,800.00
12. provided services on credit 3,000.00
15.completed work on credit 4,000.00
18. office supplied purchased on credit 500.00
20. cash received for services provided on January 12 3,000.00
20.cash paid for office equipment purchased on January 8 3,800.00
22.provided services on credit 2,800.00
24.billed client for work completed 600.00
25. cash received for services provided on January 22 2,800.00
26.cash paid for office equipment purchased January 3 1,680.00
27. purchased January advertising , payment due February 1 60.00
28. received cash for January 15th work 4,000.00
30.cash paid for January telephone bill 200.00
30. cash paid for January utilities 920.00
31.cash paid for dividends 1,900.00
31. cash paid for assistant's salary 1,700.00
31. cash paid for receptionist salary 1,200.00