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1-Mark invested $20,000 cash in the business 2-Purchase equipment for $15,000 in cash 3-Purchase supplies on account for $500.00 4-Billing clients for $3,000 for services

1-Mark invested $20,000 cash in the business

2-Purchase equipment for $15,000 in cash

3-Purchase supplies on account for $500.00

4-Billing clients for $3,000 for services

5-Paid $300.00 for advertising expense for business

Instructions:

Journalize the following transactions. Do not provide explanations.

Please write a correct account titles in complete word. Example: Account Payable.

(Omit a letter S in the end of word).

Trans.

accounttitles

debit

credit

1a

_______________

20,000

2b

______________

20,000

2a

_____________

15,000

2b

_____________

15,000

3a

________________

500

3b

_____________

500

4a

________________

3000

4b

______________

3000

5a

_________________

300

5b

______________

300

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