On April 1, Adventures Travel Agency began operations. The following transactions were completed during the month.
Apr. 1 The owner, A. Santos, invested $24,000 in the business.

2 Paid $1,800 cash for April office rent.

3 Obtained a bank loan for $7,000 by issuing a note payable.

4 Paid $5,000 cash to buy equipment.

6 Paid $1,450 for supplies.

8 Purchased $1,600 of advertising on account. The advertising is to be aired in April.

10 Performed services for $18,000. Cash of $2,000 was received from customers, and the balance of $16,000 was billed to customers on account.

15 The owner, A. Santos, withdrew cash of $1,000 for personal use.

18 Paid the amount due for the advertising from April 8.

20 Paid employees’ salaries of $6,400.

22 Received $12,000 cash from customers billed on April 10.

29 Paid the utility bill for the month of $500. 30 Paid $40 of interest on the bank loan obtained on April 3.

Instructions

Journalize the transactions.