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3 02:14:23 Business transactions completed by Sharon Lewis during the month of September are as follows. Using the following transactions, record journal entries, create

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3 02:14:23 Business transactions completed by Sharon Lewis during the month of September are as follows. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. September 1 Lewis invested $123,000 cash along with office equipment valued at $27,100 in a new sole proprietorship named SL Consulting. September 3 The company purchased land valued at $42,000 and a building valued at $162,100. The purchase is paid with $32,100 cash and a long-term note payable for $172,000. September 5 The company purchased $4,100 of office supplies on credit. September 7 Lewis invested a personal automobile in the company. The automobile has a value of $20,700 and is to be used exclusively in the business. September 9 The company purchased $8,700 of additional office equipment on credit. September 11 The company paid $1,800 cash salary to an assistant. September 13 The company provided services to a client and collected $6,000 cash. September 17 The company paid $4,100 cash to settle the account payable created on September 5. September 15 The company paid $800 cash for this month's utilities. September 19 The company purchased $20,800 of new office equipment by paying $20,800 cash. September 21 The company completed $6,400 of services for a client, who must pay within 30 days. September 23 The company paid $1,800 cash salary to an assistant. September 25 The company received $4,000 cash in partial payment on the receivable created on September 21. September 27 Lewis withdrew $3,300 cash from the company for personal use. Requirement General Journal General Ledger Trial Balance Income Statement Statement Owners Equity Balance Sheet Impact on Equity Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of SL Consulting, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry". View transaction list Journal entry worksheet < 1 2 345678 September 1) Lewis invested $123,000 cash along with office equipment valued at $27,100 in a new sole proprietorship named SL Consulting. Note: Enter debits before credits. Date September 01 14 Account Title Debit Credit 000: No journal entry required 101: Cash 106: Accounts receivable 108: Office supplies Show less

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