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3 Part 2 of 3 2.77 points Required information Rawlco Communications operates 10 radio stations. The following events occurred during September a. Placed an order
3 Part 2 of 3 2.77 points Required information Rawlco Communications operates 10 radio stations. The following events occurred during September a. Placed an order for office supplies costing $3,300. Supplier intends to deliver later in the month. b. Purchased equipment that cost $38,000; paid $15,000 cash and signed promissory note to pay $23,000 in one month. c Negotiated and signed a one-year bank loan, and then deposited $7,000 cash in the company's checking account d. Hired a new finance manager on the last day of the month. e. Received an investment of $10,000 cash from the company's owners in exchange for issuing common shares. f Supplies (ordered in (a)] were received, along with a bill for $3,300. 8 04:12:27 eBook 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Hint Print View transaction list Reference Journal entry worksheet 2 3 4 5 6 > Placed an order for office supplies costing $3,300. Supplier intends to deliver later in the month. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Transaction a Record entry View general journal Clear entry
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