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can you please help for general journal and general ledger please? The financial statements are automatically generated based on the journal entries recorded. January 1
can you please help for general journal and general ledger please?
The financial statements are automatically generated based on the journal entries recorded. January 1 X. Wright, owner, invented $154,750 cash in the company in exehange for common utook. January 2. The company purchased supplies for $3,050 cash. January 3 The company purchased $14,050 of equipment on credit. January 4 The company received $19,100 cash for services provided to a customer. January 5 The company paid $14,050 cash to settle the payable for the equipment purchased on January 3. January 6 The company billed a customer $4,500 for services provided. January 7 The company paid $3,025 cash for the monthly rent. January 8 The company collected $2,475 cash as partial payment for the accougt receivable ereated on January 6. January 9 the company paid $12,500 eash in dividends to the omer (sole shareholder). Answer is not complete. Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Wright Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry Step by Step Solution
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