Question
Creative Consultant, owned by Carrol Charles, provides Accounting consulting services. During February 2018, the following events occurred: Feb. 2 Carrol Charles contributed cash $30,000 to
Creative Consultant, owned by Carrol Charles, provides Accounting consulting services. During February 2018, the following events occurred:
Feb. 2 Carrol Charles contributed cash $30,000 to start her business.
Feb. 3 Purchased new computer costing $2,500 for cash.
Feb. 4 Office supplies for were purchased on account for $400.
Feb. 10 Creative Consultant obtained loan of $100,000 from the bank.
Feb. 15 Creative Consultant paid the utility bill for $275 cash.
Feb. 22 Paid cash the outstanding balance in Accounts Payable from the purchase of office
supplies on Feb. 4.
Feb. 25 Accounting services completed in February were billed to clients at $18,300. Feb.27 Carrol Charles withdrew $6,000 from the cash account of Creative Consultant for personal use.
Required
Record the above transaction in General Journal for Creative Consultant.
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