The Jirapar CO. Transactions Date Accounting Transaction Thai Baht Supak invested property in company Thiraphat invested cash in company Puchita invested land in company Jan. 27 1,500,000 Jan. 27 2,000,000 500,000 Jan. 27 Company purchased office equipment on credit Company purchased electrical equipment as 100,000 Baht, but accountant paid cash at time of purchase only 10 percent of the total amount Company completed services for customer name Lelawan which she will paid cash to company in the next 30 days Company completed work to Phisamai on credit Company received cash from Phisamai for February 5 work Company paid cash for office equipment purchased on February 1 Supak withdrew cash for personal use Company collected cash for work completed from Panaya Company paid cash for month's utility bill Company paid employee's salary Company purchase insurance premium for six months' Company received payment from Lelawan full amount Thiraphat withfrew cash for personal use Company purchased office suppied by cash Company purchased computer equipment on credit Feb. 1 320,000 Feb. 2 Feb. 3 30,000 Feb. 5 30,000 Feb. 10 Feb. 12 Feb. 17 25,000 Feb. 19 60,000 Feb. 24 4,000 Feb. 28 15,000 Mar. 1 6,000 Mar. 3 Mar. 5 5,000 Mar. 10 2,000 Mar. 12 30,000 (a) (b) (c) (d) (e) Additional items for March 31, 2021 adjusted entries Expired insurance coverage Office supplied on hand at the end of march Computer equipment - depreciation expense for March 1,000 1,300 300 Unpaid salaries since 1 March 15,000 Office equipment - depreciation expense per a month 2,000
The Jirapar CO. Transactions Date Accounting Transaction Thai Baht Supak invested property in company Thiraphat invested cash in company Puchita invested land in company Jan. 27 1,500,000 Jan. 27 2,000,000 500,000 Jan. 27 Company purchased office equipment on credit Company purchased electrical equipment as 100,000 Baht, but accountant paid cash at time of purchase only 10 percent of the total amount Company completed services for customer name Lelawan which she will paid cash to company in the next 30 days Company completed work to Phisamai on credit Company received cash from Phisamai for February 5 work Company paid cash for office equipment purchased on February 1 Supak withdrew cash for personal use Company collected cash for work completed from Panaya Company paid cash for month's utility bill Company paid employee's salary Company purchase insurance premium for six months' Company received payment from Lelawan full amount Thiraphat withfrew cash for personal use Company purchased office suppied by cash Company purchased computer equipment on credit Feb. 1 320,000 Feb. 2 Feb. 3 30,000 Feb. 5 30,000 Feb. 10 Feb. 12 Feb. 17 25,000 Feb. 19 60,000 Feb. 24 4,000 Feb. 28 15,000 Mar. 1 6,000 Mar. 3 Mar. 5 5,000 Mar. 10 2,000 Mar. 12 30,000 (a) (b) (c) (d) (e) Additional items for March 31, 2021 adjusted entries Expired insurance coverage Office supplied on hand at the end of march Computer equipment - depreciation expense for March 1,000 1,300 300 Unpaid salaries since 1 March 15,000 Office equipment - depreciation expense per a month 2,000
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets
Section19.6: Buying Intangible Assets And Calculating Amortization Expense
Problem 1OYO
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Transcribed Image Text:The Jirapar CO.
Transactions
Date
Accounting Transaction
Thai Baht
Supak invested property in company
Thiraphat invested cash in company
Puchita invested land in company
Jan. 27
1,500,000
Jan. 27
Jan. 27
Feb. 1
Feb. 2
2,000,000
500,000
Company purchased office equipment on credit
Company purchased electrical equipment as 100,000 Baht, but accountant
paid cash at time of purchase only 10 percent of the total amount
Company completed services for customer name Lelawan which she will paid
320,000
Feb. 3
30,000
Feb. 5
Feb. 10
Feb. 12
Feb. 17
Feb. 19
Feb. 24
Feb. 28
Mar. 1
Mar. 3
cash to company in the next 30 days
Company completed work to Phisamai on credit
Company received cash from Phisamai for February 5 work
Company paid cash for office equipment purchased on February 1
Supak withdrew cash for personal use
Company collected cash for work completed from Panaya
Company paid cash for month's utility bill
Company paid employee's salary
Company purchase insurance premium for six months'
Company received payment from Lelawan full amount
Thiraphat withfrew cash for personal use
Company purchased office suppied by cash
Company purchased computer equipment on credit
30,000
25,000
60,000
4,000
15,000
6,000
Mar. 5
5,000
Mar. 10
2,000
Mar. 12
30,000
Additional items for March 31, 2021 adjusted entries
Expired insurance coverage
Office supplied on hand at the end of march
|(a)
|(b)
(c)
(d)
(e)
1,000
1,300
Computer equipment - depreciation expense for March
Unpaid salaries since 1 March
Office equipment depreciation expense per a month
300
15,000
2,000
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