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Birdy Consulting Services has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; B. J. Faust, Capital; B. J. Faust, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; and Miscellaneous Expense.
Journalize the following selected transactions for January 20 Y 2 in a two-column journal. Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank.
Jan. 1. Paid rent for the month, $3,000.
4. Paid advertising expense, $2,500.
5. Paid cash for supplies, $1,800.
6. Purchased office equipment on account, $13,900.
12. Received cash from customers on account, $14,770.
20. Paid creditor on account, $1,475.
27. Paid cash for miscellaneous expenses, $700.
30. Paid utility (heating) bill for the month, $610.
31. Fees earned and billed to customers for the month, $37,300.
31. Paid utility (electricity) bill for the month, $900.
31. Pald B.1. Faust cash for personal use, $800.
2012 Jan. 1
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