Question
Here are selected transactions of Martin Consulting Service. Post the transactions into the appropriate Ledger accounts. DATETRANSACTIONS 20X1Sept.1Marcus Martin invested $40,000 in cash to start
Here are selected transactions of Martin Consulting Service. Post the transactions into the appropriate Ledger accounts.
DATETRANSACTIONS20X1Sept.1Marcus Martin invested $40,000 in cash to start the firm.4Purchased office equipment for $4,350 on credit from Zappo, Inc.; received Invoice 8925, payable in 30 days.16Purchased an automobile that will be used to visit clients; issued Check 1001 for $28,000 in full payment.20Purchased supplies for $550; paid immediately with Check 1002.23Returned damaged supplies for a cash refund of $105.30Issued Check 1003 for $2,100 to Zappo, Inc., as payment on account for Invoice 8925.30Withdrew $3,000 in cash for personal expenses.30Issued Check 1004 for $4,500 to pay the rent for October.30Performed services for $11,325 in cash.30Paid $480 for monthly telephone bill, Check 1005.
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