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Global Marketing Services Inc. completed these transactions during the first part of January 2020 (Click the icon to view the transactions.) Requirements 1. Journalize
Global Marketing Services Inc. completed these transactions during the first part of January 2020 (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. (Enter debits first, then credits. Explanations are not required.) Jan. 2 Received $5,500 cash from investors, and issued common shares Date Journal Entry Accounts and Explanations Jan. 2. Paid monthly office rent, $350 Date Jan Debi Credit Journal Entry Accounts and Explanations Debit Credit Jan. 3. Paid cash for a Dell computer $2,800, with the computer expected to remain in service for five years Date Jan Journal Entry Accounts and Explanations Debit Credit Jan 4. Purchased office fumiture on account, $5.800, with the fumiture projected to last for five years Date Jan Journal Entry Accounts and Explanations Jan. 5. Purchased supplies on account.$800 Date Jan Deb Credit Joumal Entry Accounts and Explanations Debit Credit Jan. 9. Performed marketing service for a client, and received cash for the full amount of $620 Journal Entry
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