Question
DATE TRANSACTIONS 28x1 ept. 1 Zack Mason invested $48,088 in cash to start the firm. 4 Purchased office equipment for $5,380 on credit from
DATE TRANSACTIONS 28x1 ept. 1 Zack Mason invested $48,088 in cash to start the firm. 4 Purchased office equipment for $5,380 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients; issued Check 1881 for $13,300 in full payment. 28 Purchased supplies for $488; paid immediately with Check 1882. 23 Returned damaged supplies for a cash refund of $118. 38 Issued Check 1883 for $3,188 to Don, Inc., as payment on account for Invoice 9823. 38 Mithdrew $1,800 in cash for personal expenses. 38 Issued Check 1884 for $1,188 to pay the rent for October. 38 Performed services for $2,850 in cash. 38 Paid $375 for monthly telephone bill, Check 1885. Cach Account No. 101 Accounts Receivable Account No. 111 Date Debit Credit Balance Date Debit Credit Balance Date Date Suppiles Debit Account No. 121 Credit Prepaid Rent Account No. 187 Balance Date Debit Credit Balance Equipment Account No. 141 Automoblie Account No. 139 Debit Credit Balance Date Debit Credit Balance Accounts Payable Date Account No. 202 Zack Mason, Capital Account No. 301 Debit Credit Balance Date Debit Credit Balance Zack Mason, Drawing Date Account No. 302 Fees Income Account No. 401 Debit Credit Balance Date Debit Credit Balance
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