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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion.
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Jake owns a lawn maintenance company, and Luke owns a machine repair shop. For the month of July, the following transactions occurred. Jake provides
One of Jake's mowers malfunctions. Luke provides repair services to Jake on account, $450.
Luke pays $500 to Jake for lawn services provided on July 3.
July 14 Luke borrows $600 from Jake by signing a note.
July 18 Jake purchases advertising in a local newspaper for the remainder of July and pays cash, $110.
July 20 Jake pays $450 to Luke for services provided on Ju 6. July 27 Luke performs repair services for other customers
for cash, $800.
July 30 Luke pays employee salaries for the month, $300.
July 31 Luke pays $600 to Jake for money borrowed on July 14.
\table[[No,Date,General Journal,Debit,Credit],[1,July 03,Accounts Receivable,500vv,],[,Service Revenue,,500vv
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