TEST EXAM 02 JOURNAL

1. Sold a personal investment in IBM stock for tk 9350 and deposited tk 9000 of the proceeds in a bank opened in the name of his new business able TV service.

2. Purchase for cash the repair supplies tk 1050, tools tk 825 and the used truck tk 2100 of a TV repair shop.
3. paid the rent of the shop space for three months in advance tk 600
4. Purchase additional tools for cash tk 150.
5. purchase additional supplies on credit tk 250
6. Jove the old company truck and tk 3000 in cash for a new company track.
7. completed repair works for walter and collect tk 50
8. paid for the repair supplier purchase in transaction 
9. Completed a repair work tk 5000 on account.
10. Purchase a used van for deliveries for tk 15000 of which tk 11000 paid in cash and the balance is due.
11. Borrowed tk 20000 cash from a bank on notes payable.
12. The two employee salaries are not paid last week 5 days work tk 500 each.
13. Purchase furniture tk 2500 in cash and paid tk 200 for freight.
  Journalized the transaction and show ledger account for cash, service revenue, tools, supplies, accounts receivable.