Question
Can someone help me journalize these transactions? During June, the firm engaged in the following transactions: 1 Received an investment of cash from J. Long,
Can someone help me journalize these transactions?
During June, the firm engaged in the following transactions:
1 Received an investment of cash from J. Long, $8,000. 3 Purchased office equipment with on account, $2,500. 7 Purchased extra office supplies with cash, $200 9 Completed bookkeeping services for Elliott Electric Company that amounted to $1,400 (payment to be received at a later date) 10 Paid the receptionist in cash for two weeks wages, $1,500 13 Paid the amount due to Office Depot for the office equipment purchased last month, $800 14 Accepted an advance in cash for services to be done for a new client, $2,500 16 Performed consulting services and received a cash fee, $1,500. 17 Received payment on account from Sallys Salon for services performed last month, $3,200. 18 Paid amount due for the telephone bill that was received and recorded at the end of May, $260. 19 Performed consulting services for Sallys Salon and agreed to accept payment next month, $4,600. 20 Performed bookkeeping services for cash, $780. 23 Received and paid the utility bill for June, $340. 27 Paid the rent for July in advance, $2,000. 28 Received the telephone bill for June, which is to be paid next month, $220.
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