Question
Bridgeport Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select
Bridgeport Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Aug. 2 | Invested $13,160 cash and $2,250 of equipment in the business. | |
7 | Purchased supplies on account for $490. (Debit asset account.) | |
12 | Performed services for clients, for which $1,285 was collected in cash and $687 was billed to the clients. | |
15 | Paid August rent $638. | |
19 | Counted supplies and determined that only $282 of the supplies purchased on August 7 are still on hand. |
Date | Account Titles and Explanation | Debit | Credit | |
---|---|---|---|---|
| enter an account title for the journal entry on August 2 | enter a debit amount | enter a credit amount | |
enter an account title for the journal entry on August 2 | enter a debit amount | enter a credit amount | ||
enter an account title for the journal entry on August 2 | enter a debit amount | enter a credit amount | ||
choose a transaction date Aug. 2Aug. 7Aug. 12Aug. 15Aug. 19 | enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | ||
| enter an account title for the journal entry on August 12 | enter a debit amount | enter a credit amount | |
enter an account title for the journal entry on August 12 | enter a debit amount | enter a credit amount | ||
enter an account title for the journal entry on August 12 | enter a debit amount | enter a credit amount | ||
choose a transaction date Aug. 2Aug. 7Aug. 12Aug. 15Aug. 19 | 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 Aug. 2Aug. 7Aug. 12Aug. 15Aug. 19 | enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount |
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