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Journalize the transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Aug. 1, 202X: Paid
Journalize the transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Aug. 1, 202X: Paid 2 months' rent in advance, $7,000. Date Aug. 1, 202X Account Titles and Description Transactions Debit Credit Aug. 1, 202X Paid 2 months' rent in advance, $7,000. Aug. 6, 202X Aug. 12, 202X Aug. 14, 202X Aug. 20, 202X Purchased office supply equipment on account from Patrick's Supply House, $9,000. Purchased office supplies from Lee's Wholesale for $600 cash. Received $1,200 cash from office supplies sold. Joe withdrew $900 for personal use. Aug. 21, 202X Aug. 25, 202X Advertising bill received from Hourly News but unpaid, $200. Paid electrical expense, $60. Aug. 28, 202X Aug. 29, 202X Aug. 30, 202X Paid salaries expense, $400. Sold office supplies for $2,400, but payment will not be received until October Paid Patrick's Supply House half the amount owed from the August 6 transaction - X
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