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Need help with the following accounting question(SERIOUS answers ONLY).?

June 21, 2010

MY QUESTION IS: How to do these parts? (use A-L = OE to establish Jack’s initial capital). This the needs an opening general Journal entry). AND on july 2 Jack contributed a boat and motor vehicle to the business with various values. Explain how Jack arrived at these values(200 words). The following transactions occurred during July, [...]

Accounting Question – which accounts are debits or credits? Can you add them up to find the trial balance?

May 22, 2010

ledger account at 30 June Accounts Receivable ,400; Accumulated Depreciation Motor Vehicles 0; Prepaid Insurance 0; Service Fee Revenue 0; Unearned Service Fees 0; Wages Payable 0; Wages Expense 0; Bills Receivable 0; Accounts Payable ,150; Capital ,800; Cash at Bank ,250; Drawings ,100; Motor Vehicle ,430; Miscellaneous Expense 0. The trial balance total at 30 June [...]

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