Question

Dec. 1	Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and
	$11,000 of office equipment in the business.
2	Paid three months of rent in cash in advance; $9,000.
3	Purchased computer supplies on credit for $2,000 from Compute depot Supplies.
6	Billed Maher Electric $9,300 for installing a new computer system.
7	Reimbursed Daniel Nica's business automobile expense for 1,000
	kilometres at $1.80 per kilometre.
12	Billed Maher Electric another $15,000 for computer services rendered.
15	Received $6,300 from Maher Electric on its account.
17	Paid $400 in cash to repair equipment damaged when moving into the
	new office.
20	Paid $1,500 in cash for an advertisement in the local newspaper.
22	Received the balance owing from Maher Electric on its account.
28	Billed Five Acre Resort $4,600 for services.
31	Paid subcontractor Leagh O'keefe for five days' work; total amount $2,000

make ledger for it

Answer 1

Ledger Accounts:

Date	Particulars	$	Date	Particulars	$
Cash
Dec 1	Capital	82,000	Dec 2	Prepaid Rent	9,000
Dec 15	Accounts Receivable	6,300	Dec 7	Mileage Expenses	1,800
Dec 22	Cash	18,000	Dec 17	Repairs Expense	400
			Dec 20	Advertising Expense	1,500
			Dec 31	Sub Contractor Expense	2,000
			Dec 31	Balance	91,600
		106,300			106,300
Computer Equipment
Dec 1	Capital	7,000	Dec 31	Balance	7,000
		7,000			7,000
Office Equipment
Dec 1	Capital	11,000	Dec 31	Balance	11,000
		11,000			11,000
Capital
			Dec 1	Cash	82,000
			Dec 1	Computer Equipment	7,000
Dec 31	Balance	100,000	Dec 1	Office Equipment	11,000
		100,000			100,000
Prepaid Rent
Dec 2	Cash	9,000	Dec 31	Rent Expense	3,000
			Dec 31	Balance	6,000
		9,000			9,000
Computer Supplies
Dec 3	Accounts Payable	2,000	Dec 31	Balance	2,000
		2,000			2,000
Accounts Payable
Dec 31	Balance	2,000	Dec 3	Computer Supplies	2,000
		2,000			2,000
Accounts Receivable
Dec 6	Computer Services Revenue	9,300	Dec 15	Cash	6,300
Dec 12	Computer Services Revenue	15,000	Dec 22	Cash	18,000
Dec 28	Computer Services Revenue	4,600	Dec 31	Balance	4,600
		28,900			28,900
Computer Services Revenue
			Dec 6	Accounts Receivable	9,300
			Dec 12	Accounts Receivable	15,000
Dec 31	Balance	28,900	Dec 28	Accounts Receivable	4,600
		28,900			28,900
Mileage Expense
Dec 7	Cash	1,800	Dec 31	Balance	1,800
		1,800			1,800
Repairs Expense
Dec 17	Cash	400	Dec 31	Balance	400
		400			400
Advertising Expense
Dec 17	Cash	1,500	Dec 31	Balance	1,500
		1,500			1,500
Sub Contractor Expense
Dec 31	Cash	2,000	Dec 31	Balance	2,000
		2,000			2,000
Rent Expense
Dec 31	Prepaid Rent	3,000	Dec 31	Balance	3,000
		3,000			3,000