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AssignmentMain.do?invoker-&takeAssignmentSessio tual War Keycap QBUS 271 Chapter 2. Q Chapter 4 Flashcard Journal Entries and Trial Balance On January 1, 2015, Fahad All established
AssignmentMain.do?invoker-&takeAssignmentSessio tual War Keycap QBUS 271 Chapter 2. Q Chapter 4 Flashcard Journal Entries and Trial Balance On January 1, 2015, Fahad All established Mountain Top Realty, which completed the following transactions during the month: a. Fahad Ali transferred cash from a personal bank account to an account to be used for the business, $31,000. b. Paid rent on office and equipment for the month, $5,660 c. Purchased supplies on account, $1,670. d. Paid creditor on account, $620. e. Earned fees, receiving cash, $25,730. f. Paid automobile expenses (including rental charge) for month, $1,570, and miscellaneous expenses, $1,050. g. Paid office salaries, $3,290.. h. Determined that the cost of supplies used was $930. i. Withdrew cash for personal use, $1,520. Required: 1. Journalize entries for transactions (a) through 0) (in chronological order), using the following account titles: Cash; Supplies; Accounts Payable; Fahad All, Capital; Fahad Ali, Drawing; Fees Earned; Rent Expense: Office Salaries Expense, Automobile Expense; Supplies Expense; Miscellaneous Expense. If an amount box does not require an entry, leave it blank. a. b. Check My Work Previous Nest Email Instructor Save and Ext Submit Age for Grading 727 PM
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