:& 4 Homework Saved Help B B Diana Mark is the president of ServicePro, Incorporated, a company that provides temporary employees for not-for-profit companies. Service Pro has been operating for five years; Its revenues are increasing with each passing year. You have been hired to help Diana in analyzing the following transactions for the first two weeks of April: April Purchased and received office supplies for $700 on account. 2 April Billed the local United Way office $3,800 for temporary services provided. 5 April Paid $290 for supplies purchased and recorded on account last period. April Placed an advertisement in the local paper for $600 cash. April Purchased new equipment for the office coating $2,700 canh. April Paid employee wages of $1,600 incurred in April. 10 April Received $1,400 on account from the local United Way office billed on April 5. 11 April Purchased land as the site of a future office for $12,000. The land value was appraised as $15,000. Paid 12 $2,400 down and signed a long-term noto payable for the balance. April Issued 2,400 additional shares of common stock for $30 per share in anticipation of building a new office. 13 April Billed Family & Children's Services $2,400 for services rendered this month. April Received the April utilities bill for $500 to be paid next month. 15 9 14 Required: For each of the transactions, prepare journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet View transaction list Print X: erences 1 Record the purchase and receipt of office supplies for $700 on account. 2 Record the entry for billing the local United Way office $3,800 for temporary services provided. 3 Record the payment of $290 for supplies Aberchased and recorded on account last period. Record the entry for placing an advertisement in the local paper for $600 cash. 5 Record the purchase of new equipment for the office costing $2,700 cash. Note : - journal entry has been entered man View transaction list X 6 Record the payment of employee wages of $1,600 incurred in April. 11 Book ih 7 t. Record the receipt of $1,400 on account from the local United Way office billed on April 5. rint B o rences Record the entry for purchase of land as the site of a future office for $12,000. The land value was appraised as $15,000. Paid $2,400 down and signed a long-term note payable for the balance. Credit 9 Record the issuance of 2,400 additional shares of common stock for $30 per share anticipation of building a new office. 10 Record the entry for billing Family & Children's Services Note : journal entry has been entered Record entry Clear entry View general Journ 10 Record the entry for billing Family & Children's Services $2,400 for services rendered this month. 11 Record the receipt of the April utilities bill for $500 to be paid next month. Note : - journal entry has been entered Record entry Clear entry
