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On August 1, 2022, Bardagol established Bardagulan Aug 1 (a) Cash in Bank 30,000

Reality. Bardagol completed the following transactions Bardagol, Capital 30,000


during the month of August:
(b) Supplies 2,650
a. Opened a business bank account with a deposit of 30,000 Accounts Payable 2,650
from personal funds.
b. Purchased supplies (pens, file folders, papers, etc.) on (c) Accounts Payable 1,500
account, for 2,650. c. Cash 1,500
Paid creditor on account, 1,500.
d. Earned sales commissions, receiving cash, 36,750. (d) Cash 36,750
e. Paid rent on office and equipment for the month, 5,200. Sales Commissions 36,750
f. Withdrew cash for personal use, 8,000.
g. Paid automobile expenses (including rental charge) for the (e) Rent Expense 5,200
month, 2,500, and miscellaneous expenses, 1,200. Cash 5,200
h. Paid office salaries, 9,250.
i. Determined that the cost of supplies on hand was 900; (f) Bardagol, Withdrawals 8,000
therefore, the cost of supplies used was 1,750. Cash 8,000

(g) Rent Expenses 2,500


Miscellaneous Expense 1,200
Cash 3,700

(h) Salary Expense 9,250


Cash 9250

(i) Supplies Expense 1,750


Supplies 1,750

Description Cr Dr Bardagol, Capital


(a) 30,000
Cash
Supplies (a) 30,000 (c) 1,500
(b) 2,650 (c) 1750 (d) 36,750 (e) 5,200
Bal. 900 (f) 8,000
Accounts Payable (g) 3,700
(c) 1,500 (b) 2,650 (h) 9,250
Bal. 1,150 Bal. 39,100
Sales Commissions
(c) 36,750
Rent Expense
(d) 5,200
(g) 2,500
Bal. 7,700

Bardagol, Withdrawals
(e)8,000

(f)
Miscellaneous Expense
(g)1,200

Salary Expense
(g) 9,250
Supplies Expense
(1,750)

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