1 On August 1, 2020, Mark Diamond began a tour company in the Northwest Territories called Millennium Arctic Tours. The following occurred during the first month of operations: 00:17:48 Aug. 1 Purchased office furniture on account: $5,300. 1 Mark Diamond invested $7,100 cash into his new business. 2 Collected $4,050 in advance for a three-week guided caribou watching tour beginning later in August. 3 Paid $6,150 for six months' rent for office space effective August 1. 4 Received $3,100 for a four-day northern lights viewing tour just completed. 7 Paid $1,550 for hotel expenses regarding the August 4 tour. 15 Mark withdrew cash of $600 for personal use. 22 Met with a Japanese tour guide to discuss a $155,000 tour contract. 31 Paid wages of $1,310. Assume Mark Diamond uses the straight line method to depreciate the assets. Required: 1. Prepare General Journal entries to record the August transactions. (If no entry is required for a particular transaction/event, select "No journal entry required in the first account field.) Journal entry worksheet Record the purchase of office furniture on account. Note: Enter debits before credits. Date General Journal Debit Credit August 01, 2020 Record entry Clear entry View general journal Journal entry worksheet 8 00:16:12 Record the rent paid for 6 months. Note: Enter debits before credits Date General Journal Debit Credit August 03, 2020 Record entry Clear entry View general journal Prev 1 of 14 Next > View and USE 1 Journal entry worksheet 1 2 3 Saved View unisacu TIST Journal entry worksheet View all acto TIST Journal entry worksheet 00:14:51 Record the discussion of a tour contract with a Japanese tour guide. Note: Enter debits before credits. Date August 22, 2020 General Journal Debit Credit cord entry Clear entry View general journal 1 Journal entry worksheet