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George Smyth opened a computer repair business on Apr. 1, 20-. During the first month of operations, the firm had the following transactions. Record these
George Smyth opened a computer repair business on Apr. 1, 20-. During the first month of operations, the firm had the following transactions. Record these transactions on page 1 of the general journal. Omit explanations. Post appropriate transactions to the general ledger. Apr 1 George Smyth invested $40,000 cash in the business. 2 Paid rent for April, $3,500. 8 Bought equipment for $10,000 and issued a check for $3,000 as a down payment. 12 Performed services for $4,500 in cash, and $1,200 on credit. 19 Paid electric bill, $260. 25 Received $100 on account from credit customers
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