Analysis for Service Company, Ortiz Accounting During the first month of operation of his business (a sole proprietorship), the following events and transactions occurred 

December 1 Ortiz begins practice as accounting and invest $20,000 cash 

December 2 Purchases equipment on account from Office Corp for $17,280 

December 4 Employs a secretary for the office 

December 5 Purchases supplies for cash, $942 

December 8 Receives cash of $1,690 from clients for service performed and completed 

December 10 Pays miscellaneous office expense, $430 cash 

December 14 Bills clients $5,820 for service performed 

December 30 Pays the following expenses in cash salaries and wages $1,800 miscellaneous office expense $85 

December 30 Pays $500 for rent for the month of 

December December 30 Purchased a new computer for $1,500 

Instructions 

1 Journalize the transactions in the general journal (Omit explanations)

2 Enter the transactions in appropriate general ledger accounts (use T-account)