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help me ? On November 1, 2049, Lexi Martin established an interior decorating business, Heritage Designs. During the month, Lexi completed the following transactions related
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On November 1, 2049, Lexi Martin established an interior decorating business, Heritage Designs. During the month, Lexi completed the following transactions related to the business: Nov. 1 6 00 Lexi transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $27,700. Paid rent for period of November 1 to end of month, $3,100. Purchased office equipment on account, $12,760. 8 Purchased a truck for $30,700 paying $6,300 cash and giving a note payable for the remainder. 10. Purchased supplies for cash, $1,880. 12 Received cash for job completed, $9,000. 15 Paid annual premiums on property and casualty insurance, $2,500. Recorded jobs completed on account and sent invoices to customers, $12,440. 24 Received an invoice for truck expenses, to be paid in November, $1,390. 23 Enter the following transactions on Page 2 of the two-column journal: Nov. 29 Paid utilities expense, $3,660. 29 Paid miscellaneous expenses, $1,800. 30 Received cash from customers on account, $8,200. 30 Paid wages of employees, $4,600. 30 Paid creditor a portion of the amount owed for equipment purchased on November 6, S6,100. Paid dividends, $2,100. 30 Journal entries and trial balance Instructions Chart of Accounts Journal Ledger Unadjusted Trial Balance Final Step by Step Solution
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