Question
7. Richard Richards opened a delivery business on April 1, 20--. During the first month of operations, the firm had the following transactions. Record these
7. Richard Richards opened a delivery business on April 1, 20--. During the first month of operations, the firm had the following transactions. Record these transactions on page 1 of the general journal, omitting explanations. April 2 Richards invested $18,000 in a business. 5 Owner bought business office furniture for $3500. 7 Paid $98 for office supplies. 8 Purchased a computer for $1500, making a down payment of $250 and the balance on account.
25 Cash received for services rendered for the month was $4,300
29 Owner withdrew $1400 from the company
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