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1. Please journalize the following transactions into the General Journal provided below. Please be sure to skip a line between transactions. The chart of accounts
1. Please journalize the following transactions into the General Journal provided below. Please be sure to skip a line between transactions. The chart of accounts (below) is provided for you Strings Repair Shop Chart of Accounts Assets: Cash Accounts Receivable Office Equipment Liabilities: Accounts Payable Loans Payable owner's Equity Owner's Capital Owner's Withdrawals Revenue: Sales-Repairs Expenses: Salaries Expense Transactions: 1//14 owner deposits $2350,000of her personal cash into her new business (string's Repair Shop) checking account Receipt 1 Business purchased $500 of office equipment on account from Jeldwen Inc. Invoice 21 1/6/14 1/8/14 Business received $1,000 cash from repair performed on a customer's cel 1/15/14 Paid $500 bill owed to Jeldwen Inc. for purchase of equipment on 1/6/14. Check 15 o. Receipt 54 1/20/14 Restrung violin for customer on account. The total owed is $50. Invoice Z25. Date Transaction Debit Credit Points 2 Total Points Available: 30 2. Please post the following transaction on 3/16/14 to the general ledger accounts provided below: Credit Points Debit $500 Transaction Post Ref Date 3/16/14 Office Equipment $500 Cash Check 15 Account Number: 100 Points Account Name: Cash Transaction Balance Description: Debit Credit Debit Credit Debit Previous Balance $1,000 Account Number: 150 Balance Account Name: Office Equipment Points Transaction Date: Desdription: Debit Credit Debit Credit Previous Balance $1,500 Scoring: This question is worth 8 points as noted next to answers
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