acc101 principles of accounting individual assignment topic record your transactions for the month ended june 30 2023

Eating expense Cash Paid cash for water Paying cash for cove beans 10.. Eating expense Cash Paying cash for seaweed 12.. Personal expense Cash Paying cash for tissue paper 18.. Eati

ACC101 - Principles of Accounting Individual Assignment

STEP 1: Identify transactions

My parents provides me with 6,000,000 VND monthly to cover living expenses

1 On June 1, my mother sent me 6,000,000 VND cash for living

2 On June 1, I pay 2,250,000 VND in advance for the rent for the month of June

3 On June 1, I paid 150,000 VND in cash to buy 10kg rices

4 On June 1, I paid 580,000 VND cash to buy sports shoes

5 On June 2, I signed up to play badminton every month for 250,000 VND a month, paid in 2

installments at the beginning and end of the month

6 On June 3, I paid I pay 125,000 VND in cash to the badminton club for the 1st of June

7 On June 3, I paid 22,000 VND in cash to buy 5l water Lavie for catering

8 On June 4, I paid 25,000 VND in cash to buy

vermicelli at the supermarket

9 On June 4, I paid 2,880 VND in cash to buy cove beans at the supermarket

10 On June 4, I paid 4,200 VND in cash to buy

kumquats at the supermarket

11 On June 4, I paid 42,000 VND in cash to buy seaweed at the supermarket

12 On June 4, I paid 34,000 VND in cash to buy dental floss

13 On June 4, I paid 4,500 VND in cash to buy 40g condensed milk

14 On June 4, I paid 5,000 VND in cash to buy rice paper

15 On June 4, I paid 15,000 VND in cash to buy makeup remover cotton

16 On June 4, I paid 29,000 VND in cash to buy Omeli cake

17 On June 6, I paid 2,000 VND in cash to buy tissue paper

18 On June 6, I paid 60,000 VND in cash for billiards with friends

19 On June 6, I paid 24,800 VND in cash to buy mixed flavor rice paper

20 On June 8, I paid 45,000 VND in cash to pork leg meat

21 On June 8, I paid 38,000VND in cash to egg

22 On June 11, I paid 56,000 VND cash for jasmine milk tea

23 On June 15, I paid 125,000 VND in cash for the service of playing badminton in the second half of June

24 On June 18, I paid 370,000 VND in cash to buy sunscreen

25 On June 18, I paid 250,000 VND in cash to buy toner for skincare, lotion

26 On June 18, I paid 6,000 VND in cash to buy snacks

33 On June 29, I paid 35,000 VND in cash to buy

avocado smoothies

34 On June 30, I pay 480,000 VND in cash for the

electricity bill for the month of June

(paid rent for the month of June by

cash)

3 Eating expense Cash

(purchase rices by cash)

4 Personal expense Cash

(purchase shoes by cash)

03/06 6 Account payable

Cash

( Paid cash for sports services on

first haft of June)

7 Eating expense Cash

( Paid cash for water)

( Paying cash for cove beans )

10 Eating expense Cash

( Paying cash for kumquats)

11 Eating expense Cash

( Paying cash for seaweed)

12 Personal expense Cash

( Paying cash for dental floss)

13 Eating expense Cash ( paying cash for condensed milk)

14 Eating expense Cash (paying cash for rice paper)

15 Personal expense Cash

(paying cash for makeup remover

cotton)

16 Eating expense Cash

( Paying cash for Omeli cake)

(paying cash for play billiards)

19 Eating expense Cash

( Paying cash for mixed flavor rice

( Paying cash for eggg)

badminton in the second half of

( Paying cash to buy toner for

skincare, lotion)

26 Eating Expense Cash

(paying cash to buy snacks)

27 Eating expense Cash ( Paying cash to buy Poca snacks)

28 Eating expense Cash (paying cash to buy PC meats)

( Paying cash to buy duck egg)

Cash ( Paying cash to buy milk tea)

33 Eating expense Cash ( Paying cash for avocado

480,0000

480,000

STEP 3: Post

Cash

01/06 Received cash from my

mom

03/06 Paying cash for sports

service

125,000 2,895,000

04/06 Paying cash for kumquats 4,200 2,840,920

04/06 Paying cash for dental

11/06 Paying cash for jasmine

18/06 Paying cash for toner,

lotion

250,000 1,740,620

18/06 Paying cash to buy Poca

29/06 Paying cash to buy milk

01/06 Received cash from my

father

6,000,000 6,000,000

Total 6,000,000

Eating expense

04/06 Paying cash for condensed

milk

08/06 Paying cash for pork leg

meat

11/06 Paying cash for jasmine milk

tea

18/06 Paying cash for snacks 6,000 6,000

22/06 Paying cash for coniferous

seaweed

29/06 Paying cash for avocado

smoothies

Personal Expenses

01/06 Paying cash to buy sports

34,000 15,000

06/06 Paying cash to buy tissue

paper

18/06 Paying cash to buy sunscreen

Paying cash to buy toner,

lotion

370,000 250,000

370,000 250,000

Entertainment Expenses

Untilities Expenses

30/06 Paying cash for electricity of

June

Rent Expenses

01/06 Paying cash to rent of June 2,250,000 2,250,000

Sports expense

03/06 Paying cash for sports

services on first haft of June

15/06 Paying cash for sports

services in the second haft

STEP 8: Closing

THE POST-CLOSING TRIAL BALANCE FOR THE MONTH ENDED

statement of cash flows

STEP 4: Prepare an unadjusted trial balance

THE UNADJUSTED TRIAL BALANCE

FOR THE MONTH ENDED JUNE 30TH, 2023

Accumulated depreciation -

Laptop

0

STEP 6: Prepare adjusted trial balance

THE ADJUSTED TRIAL BALANCE

FOR THE MONTH ENDED JUNE 30TH, 2023

INCOME STATEMENT FOR THE MONTH ENDED JUNE 30TH, 2023

Net incomes: 557,370

- The statement of cash flow

STATEMENT OF CASH FLOW FOR THE MONTH ENDED JUNE 30TH, 2023

Cash flow on operating activities

Cash paid for entertainment (60,000)

Net cash provided by operating

activities

1,057,370 Cash flows from investing activities

Net cash used in investing activities 0 Cash flows from financing activities

Net cash provided by financing

activities

0

3 Shelf comment about your budget plan and

how to improve next month

2 06/06

4 22/06