Question
1-May Owner, Suzie Maye, invested $7,000 in her business, Matrix Consulting. 2-May Company paid monthly rent, $900. 3-May Company bought supplies on account, $600. 5-May
1-May Owner, Suzie Maye, invested $7,000 in her business, Matrix Consulting. 2-May Company paid monthly rent, $900. 3-May Company bought supplies on account, $600. 5-May Company paid monthly advertising, $125. 9-May Company performed services, $4,000. 12-May Owner, Suzie Maye, withdrew $1,000 for personal use. 15-May Company performed services on account for $5,400. 17-May Company paid monthly salaries, $2,500. 20-May Company made a payment on account, $600. 23-May Company received $4,000 from a customer on account. 26-May Company borrowed $5,000 from local bank. 29-May Company bought equipment on account for $4,200. 30-May Company paid monthly utilities, $275.
How do to document this in excel
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To document the transactions in Excel you can create a journal entry table with the following column...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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