FA45033 - Introduction to Accounting Assignment

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Assignment Task

Question
Deco Enterprise owned by Juliana started the business on 1 January 2023. The following are the assets and liabilities as of 31 December 2022:

Motor Vehicles 49000 Cash inHand 3300
Office equipment  24000 Cash at bank 18600
Trade receivables    Trade Payables  
Sara 3400 Olivia Enterprise 9200
Maya 4400 Cindy 7800
Hasan 6700 Loan From mayban 30000

Task

a) Determine the capital as of 31 December 2022.
b) Prepare relevant journals for each transaction.
c) Post the above transactions into relevant ledgers.

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Applicable Time Zone is AEST [Sydney, NSW] (GMT+11)
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