21 ESM ESM Consulting Services had the following transactions for the month of November November Journalize the transactions and include an explanation with each entry (Record debits first, then credits Select the explanation on the last line of the journal entry table ) LOADING (Click the icon to view the transactions ) Nov Nov 1 The business received $ 12 comma 000 $12,000 cash and issued common stock Date Accounts and Explanation Debit Credit Nov 1 Nov Nov 15 Purchased office supplies on account, $ 300 $300 Date Accounts and Explanation Debit Credit Nov 15 Nov Nov 18 Paid advertising bill, $ 110 $110 Date Accounts and Explanation Debit Credit Nov 18 Nov Nov 20 Received $ 1 comma 900 $1,900 from customers for services rendered Date Accounts and Explanation Debit Credit Nov 20 Nov Nov 28 Cash dividends of $ 100 $100 were paid to stockholders Date Accounts and Explanation Debit Credit Nov 28

Question

21  ESM ESM Consulting Services had the following transactions for the month of November November  Journalize the transactions and include an explanation with each entry  (Record debits first, then credits  Select the explanation on the last line of the journal entry table ) LOADING    (Click the icon to view the transactions ) Nov  Nov  1  The business received $ 12 comma 000 $12,000 cash and issued common stock  Date Accounts and Explanation Debit Credit Nov  1 Nov  Nov  15  Purchased office supplies on account, $ 300 $300  Date Accounts and Explanation Debit Credit Nov  15 Nov  Nov  18  Paid advertising bill, $ 110 $110  Date Accounts and Explanation Debit Credit Nov  18 Nov  Nov  20  Received $ 1 comma 900 $1,900 from customers for services rendered  Date Accounts and Explanation Debit Credit Nov  20 Nov  Nov  28  Cash dividends of $ 100 $100 were paid to stockholders  Date Accounts and Explanation Debit Credit Nov  28

Accepted Answer

The Answer is in the image, click to view ...

Question

21. ESM ESM Consulting Services had the following transactions for the month of November November. Journalize the transactions and include an explanation with each entry.

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Efficient Auditing Of Private Companies A Guide To Audit Planning Implementation And Control

Students also viewed these Accounting questions

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question