Hello, Guest   |   Login here

3rd TT: Pay Monthly Expense (O2, O3, O4, O6, O8, O9)

Pay Monthly Expense for Software Upgrading (O2, 10,000), Web Site Development (O3, 2,500), Web Site Maintenance (O4, 4,000), Staff Salaries (O6, 8,000), General Costs (O8, 4,050) and Office Maintenance (O9, 300). Sum of all transactions 28,850.

The two previous transactions have provided resources to the firm from two external sources, first by the owners of the company and then by our friendly supplier who has thus become a creditor. The firm is now ready to start its administrative activities.

The initial action in the first month is to set up its administration including staff salaries, general costs and office maintenance. Also we need to outsource experts in software upgrading, web site development and web site maintenance.



Subscribe today and learn the fundamentals

Hello,
It seems you don't have access to the exclusive content of The Course.

In order to gain access to the content of The Course you will have to register with EntreprenAble. Membership with EntreprenAble will also give you access to our interactive Business Game and Accounting Simulations.

Subscribe today and get:

  • Unlimited website access to The Course
  • Optimized view for Desktop, Tablet and Mobile devices
  • Free 7-day, no obligation trial - normally £15
Start free trial
Test-drive the system for free
Page 1 of 2 1 2