DATE TRANSACTIONS

October $1$ Shonna Pumphrey invested $$90,000$ cash in the business.

October $2$ Paid October office rent of $$6,000$; issued Check $1001.$

October $5$ Purchased desks and other office furniture for $$22,800$ from Hudson's Furniture; received Invoice $4667$ payable in $60$ days.

October $6$ Issued Check $1002$ for $$8,200$ to purchase art equipment.

October $7$ Purchased supplies for $$3,340$; pa$$d with Check $1003.$

October $10$ Issued Check $1004$ for $$1,250$ for office cleaning service.

October $12$ Performed services for $$8,400$ in cash and $$2,200$ on credit. $($Use a compound entry.$)$

October $15$ Returned damaged supplies for a cash refund of $$750.$

October $18$ Purchased a computer for $$4,490$ from Tolliver's Office Supply, Invoice $8017$ ; issued Check $1005$ for a $$1,490$ down payment, with the balance payable in $30$ days. $($Use one compound entry.$)$

October $20$ Issued Check $1006$ for $$12,800$ to Hudson's Furniture as payment on account for Invoice $4067.$

October $26$ Performed services for $$9,600$ on credit.

October $27$ Paid $$575$ for monthly telephone bill; issued Check $1007.$

October $30$ Received $$8,400$ in cash from credit customers.

October $30$ Issued Check $1008$ to pay the monthly utility bill of $$1,260.$

October $30$ Issued Checks $1009-1011$ for $$18,000$ for monthly salaries.

Required:

Journalize the above transactions.

Post the above transactions to the ledger accounts.

Analyze:

What is the balance of account $202$ in the general ledgeR and ledger accounts