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can tou help me journalizing this entries (debits and credits) . ive been having problems trying to figure it out . thank you au uu
can tou help me journalizing this entries (debits and credits) . ive been having problems trying to figure it out . thank you
au uu rall Ierm Comprehensive Problem The following transactions took place during November and December 2016: / ' x Rents an office, paying three month's rent, $1,200, in advance. ' Purchases art equipment, 35300, with cash. / Purchases office equipment, $3,000, from Morgan Equipment: pays $1500 in /'l cash and agrees to pay the remaining at the year end. " / Purchases art supplies, $1,600, and office supplies, 25900, from Taylor Supply ," 7 ("AMA 6 Jai-rr cy pply Co. for the amount owed. " '" Al; -rvice for an automobile dealer by placing advertisements in the newspaper and collects a fee, $1,400. 12 Paid the secretary two weeks' wages, $600. 15 Accepts an advance fee, $1,000, for art work to be done for a local business. 19 Performs a service by placing several major advertisements for Ace Hardware Store. The fee, $3;800is billed to the company. 26 Paid the secretary two more weeks' wages, $600 29 Receives and cpaysthe utility bill, $100. 30 Receives thetel'ephone bill, $90. 30 Entered into aecontractvtorperform a series of four (4) advertisements for The Pardner for $8006total. The services are billable to the Pardner when all of the services haveobeienrperfOrmed. QnNovember 30, one (1) of the advertisements was placedvinitheoloCahnewspaper. 30 John withdraws$n,4.000from=theStep by Step Solution
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