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Account Title and Explanation Debit Credit Date 2019 Apr 2 To record services on account Apr 3 To record borrowing of funds from bank Apr
Account Title and Explanation Debit Credit Date 2019 Apr 2 To record services on account Apr 3 To record borrowing of funds from bank Apr 5 . To record cash sales Apr 8 To record maintenance bill Apr 10 Apr 10 To record payment to suppliers Apr 12 Collect cash on account Apr 14 . > Paid amount owing Apr 16 . To record repayment of portion of bank loan principal Apr 25 To record rent for the month Apr 26 To record the purchase of equipment Take me to the text Restart Spa is a sole proprietorship owned by Claire Khera. During the month of April 2019, the following transactions took place. Apr 2 Provided services to a customer on account worth $4,400. Apr 3 Borrowed $4,000 cash from the bank. Apr 5 Provided services to a customer and received $2,430 in cash. Apr 8 Received the maintenance bill for $180 which will be paid later. Apr 10 Paid $3,340 cash to reduce the amount owed to a supplier. Apr 12 Collected $1,540 cash from customers owing on account. Apr 14 Paid the maintenance bill from April 8. Apr 16 Paid a portion of the bank loan principal with $1,500 cash. Apr 25 Paid rent for the month with $2,120 cash. Apr 26 Purchased equipment for $2,980 which will be paid later. Prepare the journal entries for the above transactions
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