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Year 8 Accounting Worksheete

Year 8 Accounting worksheet

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ishaan.gokhale17
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23 views2 pages

Year 8 Accounting Worksheete

Year 8 Accounting worksheet

Uploaded by

ishaan.gokhale17
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Transactions

1. Jan 1 - Invested $10,000 cash into the business.


2. Jan 3 - Purchased equipment for $4,000 on credit.
3. Jan 5 - Earned $2,500 in revenue, received in cash.
4. Jan 7 - Paid $1,200 for rent.
5. Jan 10 - Took out a $3,000 loan from the bank.
6. Jan 12 - Paid $1,500 in salaries.
7. Jan 15 - Purchased supplies for $600, paid in cash.
8. Jan 20 - Earned $3,500 in revenue, invoiced to a client (accounts
receivable).

Transactions
1. Feb 1 - Owner invested $15,000 cash into the business.
2. Feb 4 - Purchased office furniture for $3,200 on credit.
3. Feb 8 - Paid $1,800 for advertising.
4. Feb 11 - Earned $4,500 in revenue, received in cash.
5. Feb 15 - Paid $900 for utilities.
6. Feb 18 - Borrowed $5,000 from a lender.
7. Feb 22 - Purchased inventory for $2,700, paid in cash.
8. Feb 27 - Paid off $1,500 of the office furniture loan.
Transactions
1. Mar 1 - Owner invested $20,000 cash into the business.
2. Mar 3 - Purchased vehicle for $8,000, partially on credit ($3,000).
3. Mar 7 - Earned $6,000 in revenue, received in cash.
4. Mar 10 - Paid $1,500 for rent.
5. Mar 12 - Borrowed $4,500 from a bank.
6. Mar 15 - Paid $1,200 in employee wages.
7. Mar 20 - Purchased raw materials for $2,300, paid in cash.
8. Mar 25 - Paid off $2,000 of the vehicle loan.

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