Question
Blossom Clark opened Blossoms Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Blossom invested $20,100 cash in the
Blossom Clark opened Blossoms Cleaning Service on July 1, 2022. During July, the following transactions were completed.
July 1 | Blossom invested $20,100 cash in the business. | |
1 | Purchased used truck for $8,900, paying $4,200 cash and the balance on account. | |
3 | Purchased cleaning supplies for $2,100 on account. | |
5 | Paid $1,920 cash on a 1-year insurance policy effective July 1. | |
12 | Billed customers $4,500 for cleaning services. | |
18 | Paid $1,500 cash on amount owed on truck and $1,500 on amount owed on cleaning supplies. | |
20 | Paid $2,500 cash for employee salaries. | |
21 | Collected $3,400 cash from customers billed on July 12. | |
25 | Billed customers $6,000 for cleaning services. | |
31 | Paid $350 for the monthly gasoline bill for the truck. | |
31 | Withdraw $5,600 cash for personal use. |
Journalize the July transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order displayed in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date | Account Titles and Explanation | Debit | Credit |
---|---|---|---|
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title to record cash invested in business | enter a debit amount | enter a credit amount |
enter an account title to record cash invested in business | enter a debit amount | enter a credit amount | |
(To record cash invested in business) | |||
choose a transaction date | enter an account title to record truck purchased | enter a debit amount | enter a credit amount |
enter an account title to record truck purchased | enter a debit amount | enter a credit amount | |
enter an account title to record truck purchased | enter a debit amount | enter a credit amount | |
(To record truck purchased) | |||
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title to record gasoline expense | enter a debit amount | enter a credit amount |
enter an account title to record gasoline expense | enter a debit amount | enter a credit amount | |
(To record gasoline expense) | |||
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31 | enter an account title to record drawings | enter a debit amount | enter a credit amount |
enter an account title to record drawings | enter a debit amount | enter a credit amount | |
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