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Helen Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship). the following events and transactions occurred. April

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Helen Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship). the following events and transactions occurred. April Invested $36040 cash and equipment valued at $15300 in the business 2 2 Hired an administrative assistant at a salary of $291 per week payable monthly. 3 Purchased supplies on account $814. (Debit an asset account.) Paid office rent of $653 for the month. 7 11 Completed a tax assignment and billed client $1119 for sepvices rendered. (Use Service Revenue account.) 12 Received $3599 advance on a management consulting engagement. 17 Received cash of $1849 for services completed for Ferengi Co. 21 Paid insurance expense $118. 30 Paid administrative assistant $1164 for the month 30 Acount of supplies indicated that $125 of supplies had been used. 30 Purchased a new computer for $6377 with personal funds. (The computer will be used exclusively for business purposes.) Journalize the transactions in the general journal. (Credit account titles are automatically indented when amount is entered. Do not indent manually If no entry is required, selea amounts. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit Apr 2 Cash 36040 Equipment 15300 Owner's Capital 51940 Apr. 2 No Entry No Entry Apr 3 Supplies 814 Apr. 11 Accounts Receivable 1119 Service Revenue 1119 Apr. 12 Cash 3599 Unearned Service Revenue 3599 Apr. 17 Cash 1849 Service Revenue 1849 Apr. 21 Insurance Expense 118 Cash 118 Apr. 30 Administrative Expenses 1164 Cash 1164 Apr. 30 Supplies Expense 125 Supplies 125 Apr. 30 Equipment 6377 Owner's Capital 6377 eTextbook and Media

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