Dance Nitip.xlsx

On Februari 1, BEJO Travel Agency, Inc, was established. The following transaction were completed during the m 1. Stakeholders invested $75,000 cash, receiving common stock in exchange 2. Paid $1,750 cash for Februari office rent 3. Purchased office equipment for $5,500 cash 4. Paid $2,000 cash for supplies 5. Incurred $650 of advertising costs in the I Love Travelling Magazine, on account 6. Earned $51,00 for services rendered : Cash of $30,000 is received from customers, and the balance of $21,00 is billed to 7. Paid $1,000 deviden 8. Paid I Love Travelling Magazine (transaction 5) 9. Paid employees' salaries $5,000 10. Cash of $21,000 is received from customers who have previously been billed in transaction 6

re completed during the month

alance of $21,00 is billed to customerson account

The Basic Accounting Equation BEJO Travel Agency Per Februari 2018 Tanggal

Februari

Cash 1 $ 75,000 $75,000 2

Assets = Account Receivable Supplies Prepaid Advertisement Equipment

ng Equation Agency 2018 Liabilities + Equity Salaries Payable Account Payable Share Capital Retained Earnings $75,000 $75,000