Domingo Company started its business on January 1, 2021. The following transactions occurred during the month of May. Prepare the journal entries. The owners invested $10,000 from their personal account to the business account.

1. Paid rent $500 with check #101.
2. Initiated a petty cash fund $500 with check #102.
3. Received $1,000 cash for services rendered.
4. Purchased office supplies for $158 with check #103.
5. Purchased computer equipment $2,500, paid $1,350 with check #104, and will pay the remainder in 30 days.
6. Received $800 cash for services rendered.
7. Paid wages $600, check #105.
8. Petty cash reimbursement: office supplies $256, maintenance expense $108, postage expense $77, miscellaneous expense $55. Cash on hand $11. Check #106.
9. Increased petty cash by $30, check #107.

Domingo Company received the following bank statement. Usingthe preceding information, prepare the bank reconciliation.

		Bank	Statement
Beginning Balance				0
	Deposits	Checks	Amount
A.	10,000	101	500
D.	1,000	102	500
		103	158
		106	489
		Bank Svc. Charge	100
Total	$11,000		$1,747
Ending Balance				$9,253