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Date Journal Entry Accounts Debit Credit 68,000 May 2 Cash Common Stock 68,000 400 May 3 Supplies Equipment 11,500 Accounts Payable 11,900 5,500 May
Date Journal Entry Accounts Debit Credit 68,000 May 2 Cash Common Stock 68,000 400 May 3 Supplies Equipment 11,500 Accounts Payable 11,900 5,500 May 4 Cash Service Revenue 5,500 May 7 Land 35,000 35,000 Cash May 11 Accounts Receivable 4,100 Service Revenue 4,100 May 16 Accounts Payable 11,500
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