HW #$1$

Question $4$ of $10$

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Kingbird Legal Services had the following transactions:

Cash is paid for the purchase of $$400$ of office supplies.

Customer is billed $$1,000$ for services provided that day.

Equipment with a cost of $$2,000$ is purchased on account.

The current month's utility bill of $$200$ is paid in cash.

Cash of $$300$ is received for services provided that day.

Cash of $$6,950$ is received for services to be provided in the next month.

Prepare journal entries for Kingbird Legal Services using the transactions above. Assume all of the transactions occurred on August $31.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.$)$

Transaction

No$.$

Account Titles and Explanation

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

Debit

Credit