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A company had the following transactions: 1. Paid $240 for office supplies using a debit card. 2. Purchased office equipment costing $600 using a credit

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A company had the following transactions: 1. Paid $240 for office supplies using a debit card. 2. Purchased office equipment costing $600 using a credit card. 3. Pald utilities bill of $490 by issuing a check. Record each transaction. (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 2 3 1 Record $240 purchase of office supplies using a debit card. Note: Enter debits before credits General Journal Debit Credit Transaction 1 Record entry Clear entry View general journal At the end of the year, a company reports a balance in its Allowance for Uncollectible Accounts of $2,100 (credit before any year-end adjustment. The company estimates future uncollectible accounts to be 3% of credit sales for the year. Credit sales for the year total $280,000 Record the adjustment for the allowance for uncollectible accounts using the percentage-of-credit-sales method. If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet

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