Prepare accounting equations, ledger and trial balance

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Reference no: EM132608072

Question - Zeenat Bukhari, after completing a Master's degree in computer science, established Computer Care Ltd. to provide maintenance services.

During August, she completed the following transactions:

Aug. 1 She invested cash in the company's share capital, Rs.50,000.

Aug. 2 Appointed two programmers on a monthly salary of Rs.3,000 each.

Aug. 3 Provided services for cash, Rs.4,700.

Aug. 4 Placed order for equipment, Rs.15,000.

Aug. 7 Paid rent for August, Rs.1,500.

Aug. 13 Purchased supplies on credit, Rs.2,200.

Aug. 16 Paid salary advance to the programmers, Rs. 500 each.

Aug. 19 Paid insurance premium for the next year, Rs.4,000.

Aug. 20 Received equipment ordered on August 4 and agreed to pay for it on September 9.

Aug. 28 Billed customers for services provided, Rs.10,250.

Aug. 29 Paid the balance of programmers' salaries for August.

Aug. 30 Received electricity bill, Rs.1,600 and telephone bill, Rs. 650 for August payable on September 3.

Required - Prepare Accounting equations, ledger and trial balance?

Reference no: EM132608072

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