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Vicki took $5,500 cash from her business for personal expenses. What is Dr?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
Cathy purchased stationery on credit $260 (total bill). What is Cr?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
Ivan paid wages to his staff of $1,000 (net). What is Cr?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
John rec'd $ from his clients for last month's bill of $500. What is Dr?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
Harry billed a client for $1,100 (plus GST). What is Cr?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
Mike purchased new tools on credit for $2,500 (GST-Excl). What is dr?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
Mary paid phone bill $400 (GST Incl). Dr what account/s?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
Frank paid for a lawn mowers purchased on credit last months: $1,100. What is Dr?
Dr Phone 363.64 Dr GST Rec'ble 36.36
Cr Fees 1,100 Cr GST Payable 110
Dr Tools 2500 Dr GST Rec'ble 250
Dr A/P 1,100
Cr A/P 260
Dr Bank 500
Dr Drawings 5,500
Cr Bank 1,000
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