Ch 5: General Ledger Problem
This is a continuation of the Eli's Consulting Services from the previous chapter.
1. On December 31, 2021 Trayton Eli counted the supplies. Remaining supplies totaled $1,000.
2. On November 30, 2021, Eli's Consulting Services paid $8,000 rent for December and January.
3. On December 1, Eli's Consulting Services purchased $11,000 worth of equipment. The equipment has
an estimated useful life of five years and no salvage value.