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15 PUBIS Save Answe Dave Shurek started Hindsight Electric in February 2020. Hindsight completed the following transactions during February of the current year (On the
15 PUBIS Save Answe Dave Shurek started Hindsight Electric in February 2020. Hindsight completed the following transactions during February of the current year (On the exam you will not be asked to do all these entries Usually about 3-4 entries will be asked. You will get 1 point for having the correct account name and correct debitor credit amount For example the entry for Feb 1 is worth 3 points) Feb Began a Hindsight Electric company by investing $7.000 in cash and computer equipment having a $5,000 fair value Feb 2 Purchased electrical tools for $1,100 on account Feb 4 Completed hot tub electrical work for $1,900 on account Feb 8 Completed electrical panel upgrade for $500 cash Feb 10 Paid for the items purchased on credit on February 2 Fob 14 Paid $1 600 for the annual rent. Feb 18 Received $900 for the work completed on February 4 Feb 27 D. Shurek withdrew $200 cash from the practice to pay personal expenses Feb 28 Paid the February utility bills $100 Prepare general journal entries to record the transactions. Include a brief description for each entry
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