Ashworth College General Journal and Trial Balance Worksheet

Part A

Martin invested $20,000 cash and a computer valued at $2,000.

Part purchased

Purchased $6,000 of office furniture from a supplier on credit.

Part C

Completed accounting work for a client and received $2,000 cash in full payment.

Part D

Paid the supplier of the office furniture 50% of the balance owing.

Part E

Completed $3,000 of accounting work for a client on credit.

Part F

Martin withdrew $3,500 cash from the business for personal use.

Part G

Received $2,000 cash as partial payment for the accounting work completed for the client in E.

Part H

Paid $1,200 cash for the secretary’s salary.