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3.Amie Consulting Company was established on July 1,2017. During the month of July, the following transaction occurred. (30%) Shareholders invested CNY156,000 in cash to start
3.Amie Consulting Company was established on July 1,2017. During the month of July, the following transaction occurred. (30%)
Shareholders invested CNY156,000 in cash to start the business.
Rendered consulting service for CNY6,000 cash.
Paid CNY1,000 cash for store rent for the month of January.
Service fees billed to clients amounts to CNY5,000.
Paid CNY3,300 for a one-year insurance policy.
Purchased office equipment for CNY16,000, paying CNY8,500 in cash and wrote a 60-day, CNY7,500, note payable.
Purchased office supplies on credit for CNY600.
Received CNY6,000 for services previously performed on account.
Paid the monthly salary of CNY2,000.
Received a bill for CNY800 for advertising the opening of PLP Consulting.
Requirement:
Journalize each transaction. (Identify each transaction by number.)
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