Question
D. Stone Surveying Co completed these transactions during April of the current year. Apr 1 Began a surveying company by investing $10,000 in cash and
D. Stone Surveying Co completed these transactions during April of the current year.
Apr 1
Began a surveying company by investing $10,000 in cash and office equipment having a $4,575 fair value.
Apr 2
Purchased on credit office supplies ,$450, and office equipment ,$300.
Apr 3
Completed surveying work for client and was paid immediately $500.
Apr 8
Apr 10
Completed surveying work for Acme Loan Co $1500 on credit
Paid for the items purchased on credit on April 2.
Apr 14
Paid $2400 premium for the annual insurance policy.
Apr 15
Paid semi monthly wages of $1500.
Apr 18
Received payment in full from Acme Loan Co. for the work completed on April 8.
Apr 27
D. Stone withdrew $1100 cash from the business to pay personal expenses.
Apr 30
Paid the April telephone bill, $160.
General journal entries to record the transactions.
Include the following in each journal entry.
Date
Account titla and explanations
Debit
Credit
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