ACCOUNT TITLE	A/C #			NOTES
ASSETS
CASH				Permanent Accounts:
ACCOUNTS RECEIVABLE				Assets
OFFICE FURNITURE				Liabilities
OFFICE EQUIPMENT				Owner's/Stockholders' Equity
LIABILITIES				Temporary Accounts:
ACCOUNTS PAYALBE				Revenue/Income
				Expense
EQUITY
AA CAPITAL
AA DRAWING
REVENUE
Fee Income
EXPENSE
Advertising Expense
Utilities Expense
Salaries Expense
Telephone Expense
Miscellaneous Expense

Adele Applegate is an architect who operates her own business. She has hired you to help her organize her journal entries.

Journalize the transactions below in the journal provided in the attached file

.

Note. Transaction (A.) has been entered as an example.

January 2017 Transactions

January 1 Adele Applegate invested $30,000 in cash to start the business.

2 Adele paid $2,000 for advertisements in a design magazine.

3 Adele purchased office furniture for $4,000 in cash.

4 Adele performed services for $4,200 in cash.

5 Adele paid $375 for the monthly telephone bill.

6 Adele performed services for $2,610 on credit.

7 Adele purchased a fax machine for $575 and paid $175 in cash with the balance due in 30 days.

8 Adele paid a bill for $650 from the office cleaning service.

9 Adele received $2,610 from clients on account.

10 Adele purchased additional office chairs for $1,080 and received credit terms of 30 days.

11 Adele paid $4,000 for salaries.

12 Adele issued a check for $540 in partial payment of the amount owed for office chairs.

13 Adele received $2,800 in cash for services performed.

14 Adele issued a check for $560 for utilities expenses.

15 Adele performed services for $4,200 on credit.

16 Adele collected $1,200 from clients on account.

17 Adele withdrew $3,500 in cash for personal expenses.

18 Adele paid $600 to Visions Photocopy Service for photocopy work performed during the month.