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2 Of 5 Current Attempt in Progress Ayayai Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the
2 Of 5 Current Attempt in Progress Ayayai Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Aug. 2 Invested E13,140. cash and E2,560 of equipment in the business. 7 Purchased supplies on account for E490. (Debit asset account.) 12 Performed services for clients, for which E1,378 was collected in cash and E686 was billed to the clients. 15 Paid August rent E592. 19 Counted supplies and determined that only E281 of the supplies purchased on August 7 are still on hand
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