journal entires and ledgers 329064

QUESTION 1 : COMPLETE ACCOUNTING On 1 June 2012, Jason contributed $50,000 into a business bank account in order to establish the business of Jason Cleaning and Gardening Services. The following transactions occurred in the month of June. Ignore GST. June?1?Jason signed a lease agreement to lease a suitable storage shed for a monthly rental of $1200. Rent for 3 months was paid in advance. He also hired an assistant to help him with cleaning and lawn mowing tasks. The assistant was to be paid casual wages. ???2?The business acquired suitable cleaning and gardening equipment for a total cost of $18,025. A deposit of $4,000 was paid immediately and the balance was to be paid in 30 days. The equipment was expected to have a useful life of 7 years. ???2?Purchased a quantity of washing supplies for $480 cash. Purchased fuel and oil supplies for $790 cash. ???3?Signed a contract with Community Newspapers for 12 weeks of advertisements in its weekly, free newspaper delivered to local homes. The business paid $960 in advance for these advertisements. ???6?Received cash of $80 from a grateful client whose house had been cleaned by the business before the monthly rent inspection. Received cash of $1,350 for several lawns that had been mowed for clients during the week. ???8?Signed a contract with the local shopping centre to provide cleaning services to its outside walls (including graffiti removal) for a monthly fee of $2,000. The shopping centre paid for 2 months’ services in advance. ???13?Received cash of $1,400 for lawn mowing services provided to clients during the past week. ???14?Paid the assistant casual wages of $820 for services provided to the business during the past fortnight. ???21?Earned $730 for cleaning services from clients and $1,270 for lawn mowing during the past week. All money was received in cash except for one client for cleaning services, who arranged to pay the business $300 in 3 weeks’ time for services rendered. ???28?Received in cash…