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B May 1 May 3 May 4 May 7 Problem 2-Recording transaction in T Below are selected traction that occured during the first of
B May 1 May 3 May 4 May 7 Problem 2-Recording transaction in T Below are selected traction that occured during the first of operations for John Jones Auto Repair Services Jm invested $8,000 cash and $2.000 of equipment in the home Paid the mouthly rest of$1,500 for the Purchased additional equipment on code for $3,000, due in 15 days Billed a corporate client $4,000 for a mucks Payment due in days ona feat of the clients May 10 May 12 Purchased on account $1,000 of supplies to be used in the fines Cash services perfomed for the worked to 15,000 May 17 Received cash (full payment) from the dient billed May May 19 Paid for the equipment that was purchased on May & May 23 Paid salaries to employees a totaling $1.000 May 30 Jim withdrew $3,000 cash from the business Required: Jim is thinking of hiring you part-time to help him with the booking for the busin Using the following Taccount shells, set-up account is in recoed the transactions above. Use one revenue account and sepante income statement data. The fint account title is provided. Foot and cach account. When computing the balance, abbreviate Balance statement onder and expense assets for put the halos of Bal Car De Ded Dete C Accounts Payable Deb Credi JJ Cap D Service Revo Expense Salary Exp Dubie Credi De
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