Reference no: EM132840311

Problem - Using the information presented below record the entries in the account, then prepare a trial balance.

1. Began business by investing PLN 17,000 cash and PLN 13,000 equipment in the business.

2. Bought additional equipment for PLN 1,000 on account.

3. Purchased supplies PLN 300 for cash.

4. Paid PLN 250 to credit on account.

5. Received PLN 1,200 in fees earned during the month.

6. Paid salary of part-time assistant, PLN 150.

7. Paid general expenses, PLN 200.

8. Paid balance due on equipment.