Beverly Crusher is a licensed CPA During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred April 2 Invested $34,830 cash and equipment valued at $15,540 in the business 2 Hired a secretary receptionist at a salary of $320 per week payable monthly 3 Purchased supplies on account $830 (Debit an asset account ) 7 Paid office rent of $630 for the month 11 Completed a tax assignment and billed client $1,360 for services rendered (Use Service Revenue account ) 12 Received $3,940 advance on a management consulting engagement 17 Received cash of $2,950 for services completed for Ferengi Co 21 Paid insurance expense $150 30 Paid secretary receptionist $1,280 for the month 30 A count of supplies indicated that $130 of supplies had been used 30 Purchased a new computer for $7,000 with personal funds (The computer will be used exclusively for business purposes ) Journalize the transactions in the general journal (Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No entry for the account titles and enter 0 for the amounts )

Question

Beverly Crusher is a licensed CPA  During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred  April 2 Invested $34,830 cash and equipment valued at $15,540 in the business  2 Hired a secretary receptionist at a salary of $320 per week payable monthly  3 Purchased supplies on account $830  (Debit an asset account ) 7 Paid office rent of $630 for the month  11 Completed a tax assignment and billed client $1,360 for services rendered  (Use Service Revenue account ) 12 Received $3,940 advance on a management consulting engagement  17 Received cash of $2,950 for services completed for Ferengi Co  21 Paid insurance expense $150  30 Paid secretary receptionist $1,280 for the month  30 A count of supplies indicated that $130 of supplies had been used  30 Purchased a new computer for $7,000 with personal funds  (The computer will be used exclusively for business purposes ) Journalize the transactions in the general journal  (Credit account titles are automatically indented when amount is entered  Do not indent manually  If no entry is required, select  No entry  for the account titles and enter 0 for the amounts )

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April 2		Invested $34,830 cash and equipment valued at $15,540 in the business.
2		Hired a secretary-receptionist at a salary of $320 per week payable monthly.
3		Purchased supplies on account $830. (Debit an asset account.)
7		Paid office rent of $630 for the month.
11		Completed a tax assignment and billed client $1,360 for services rendered. (Use Service Revenue account.)
12		Received $3,940 advance on a management consulting engagement.
17		Received cash of $2,950 for services completed for Ferengi Co.
21		Paid insurance expense $150.
30		Paid secretary-receptionist $1,280 for the month.
30		A count of supplies indicated that $130 of supplies had been used.
30		Purchased a new computer for $7,000 with personal funds. (The computer will be used exclusively for business purposes.)

Question

Beverly Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred. April

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