Four transactions for Automotive Maintenance and Repair Shop that took place in November $20$X$1$ appear below.

DATE TRANSACTION

November $1$ Beatrice Wilson invested $$100,000$ in cash plus tools with a fair market value of $$12,000$ to start the business.

November $2$ Purchased equipment for $$15,600$ and supplies for $$1,800$ from Automotive Supply and Equipment Company, Invoice $515$; issued Check $100$ for $$7,400$ as a down payment with the balance due in $30$ days.

November $10$ Performed services for Zappo Airlines for $$36,800,$ which paid $$15,800$ in cash with the balance due in $30$ days.

November $20$ Purchased machinery for $$16,000$ from Carter Equipment Company, Invoice $799$ ; issued Check $101$ for $$6,500$ in cash a$5$ a down payment with the balance due in $30$ days.

Record the transactions in the general journal and post them to the appropriate ledger accounts.

Analyze:

What liabilities does the business owe as of November $30?$

Complete this question by entering your answers in the tabs below.

General

Ledger

Journal

Accounts

Analyze

Record the above transactions in the general journal

Journal entry worksheet

$1$

$2$

$3$

$4$

Beatrice Wilson invested $$100,000$ in cash plus tools with a fair market value of $$12,000$ to start the business.

Note: Enter debits before credits.