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Current Attempt in Progress Journalize the following transactions by Novak Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not
Current Attempt in Progress Journalize the following transactions by Novak Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Stockholders invest $83,500 cash to start the business. Purchased three digital copy machines for $405,000, paying $109,000 cash and signing a 5-year, 6% note for the remainder Purchased $5,000 paper supplies on credit. Cash received for photocopy services amounted to $8,200. Paid $400 cash for radio advertising. Paid $750 on account for paper supplies purchased in transaction 3. Dividends of $1,700 were paid to stockholders. Paid $2,100 cash for rent for the current month. Received $2,700 cash advance from a customer for future copying. Billed a customer for $300 for photocopy services completed. Debit Credit No. Account Titles and Explanation 1. 2. 3. 4. 5. 6. 7. 8. 9. 10
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