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Global Delivery opened for business on July 1, 2019. The company uses the general ledger accounts listed below. During the first month of business, the

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Global Delivery opened for business on July 1, 2019. The company uses the general ledger accounts listed below. During the first month of business, the firm had the transactions listed below. 101 Cash 103 Accounts Receivable 105 Supplies 187 Delivery Equipment 201 Accounts Payable 301 Colleen Mirian, Capital 305 Colleen Miriam, Drawing 401 Delivery Fee Income 501 Advertising Expense 505 Rent Expense 510 Utilities Expense July 1 Colleen Miriam, the owner, invested $64,000 cash in the business. 1 Issued Check 101 for $1,950 to pay the rent for July. 5 Bought delivery equipment for $13,800. Issued Check 102 for $6,500; balance is due in 60 days. 9 Purchased supplies for $280 cash, Check 103. 11 Returned damaged supplies and received a cash refund of $54. 12 Performed delivery services for $1,350 on credit. 15 Purchased supplies for $190 cash, Check 104. 15 Issued Check 165 for $225 for a newspaper advertisement. 22 Issued Check 106 for $550 to pay creditors for supplies. 26 Issued Check 107 for $2,800 to Colleen Miriam for personal expenses 27 Performed delivery services for $3,350 cash. 31 Issued Check 108 for $255 for utilities. Prepare journal entries to record the above transactions. Post the transactions into the appropriate Cash general ledger account Journal entry worksheet ..... 12 > Colleen Miriam, the owner, invested $64,000 cash in the business. Note: Enter debits before credits. Date General Journal July 01 Debit Credit Record entry Clear entry View general journal

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