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elected activity of the Ray Shipping Service follow. TRANSACTIONS Gave a cash refund of $750 to a customer because of a lost package. (The customer

elected activity of the Ray Shipping Service follow. TRANSACTIONS

  1. Gave a cash refund of $750 to a customer because of a lost package. (The customer had previously paid in cash.)
  2. Sent a check for $1,050 to the utility company to pay the monthly bill.
  3. Provided services for $7,800 on credit.
  4. Purchased new equipment for $4,600 and paid for it immediately by check.
  5. Issued a check for $3,500 to pay a creditor on account.
  6. Performed services for $15,250 in cash.
  7. Collected $6,250 from credit customers.
  8. The owner made an additional investment of $25,000 in cash.
  9. Purchased supplies for $3,250 on credit.
  10. Issued a check for $3,750 to pay the monthly rent.

Analyze the above transactions and record a journal entry for each transaction.

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