E2-5
E2-4
Beijing Real Estate agent Oct
Date Account title Ref Debit Credit 1
Oct.1 Cash 200,000 2
Ordinary share 200,000 3
(issued share for cash) 6
3 Supplies 19,000 27
Account payable 19,000 30
(purchase office furniture)
6 Cash 32,000
Account receivable 32,000
(Sell house and lot for N.Fennig)
27 Account payable 8,500
Cash 8,500
(pay for transaction on oct 3)
30 Salaries and wages expenses 25,000
Cash 25,000
(salary of administrative assistant)
E2-6
Minsk Industries OAO
Date Account title Ref Debit Credit
1 Cash 650,000
Notes payable 650,000
2 Equiment 625,000
Cash 625,000
3 Supplies 64,500
Account payable 64,500
E2-7
E2-10
Rockford Enterprises Ltd.
Piere Landscaping company SA
Date Account title Ref Debit Credit April
1 Cash 5,500 1
Ordinary share 5,500
2 expenses 1,100 4
Cash 1,100
3 Account receivable 4,700 7
Revenue 4,700
4 Dividend 400 12
Cash 400
E2-11 15
Sparks Co. Ltd
Oct Account title Ref Debit Credit
1 Cash 101 5,000 25
Share capital - Ordinary 311 5,000
(issued share for cash)
10 Cash 101 650 29
Service revenue 400 650
