Reference no: EM131698838
Question - The Company Perinity is preparing to disclose its financial statement for year 2015
1- The company received cash 100,000 MAD from Ali Ben for its capital stock
2- Purchased an office space for 200000 MAD with 50000 MAD cash and remaining as a bank credit
3- The company purchased equipment on account for 1000 MAD
4- A client paid 5000 MAD cash in advance for future services
5- The company received 150000 MAD for consulting services
6- The company sold 75000 MAD on account
7- The company paid 100000 annual rent in advance
8- The company paid for the salary expenses of 50000 MAD
9- The company delivered the services relative to 5000 MAD received in advance
10- The company paid 2000 MAD dividends
Questions:
1- Set the journal of all the transactions
2- Set the T accounts
3- Set the trial balance
4- Set the financial statements as of December 2015. The financial statements as of December 2015.