I want to know that transaction which one will assign into the "PR " box. Please provide a explanation of "PR"
Snip & Sketch X New V A Dri/er. Problem 2-3A Journal Ledger T/Bal Mar. Invested $50,000 in cash and office equipment that had a fair value of $12,000. Prepaid $9,000 cash for three months' rent for an office. 3 5 Made credit purchases of used office equipment for $6,000 and office supplies for $1,200. Completed work for a client and immediately received $6,200 cash. 9 11 Completed a $4,000 project for a client, who will pay within 30 days. Paid the account payable created on March 3. 75 Paid $3,000 cash for the annual premium on an insurance policy. 20 Received $1,500 as partial payment for the work completed on March 9. 22 Placed an order with a supplier for $4,800 of supplies to be delivered April 7. They must be paid for within 15 days of being received. 23 Completed work for another client for $2,850 on credit. 27 Abe Factor withdrew $3,600 cash from the business to pay some personal expenses. 30 Purchased $650 of additional office supplies on credit. 31 Paid $860 for the month's utility bill. Required Prepare General Journal entries to record the transactions. Type here to search O Ff 1 6 9 ~ ( ) ENG 11:32 PM 9/20/2020X Snip & Sketch V A . . . New Problem 2-2A Preparing General Journal entries LO3,5,6 Bruce Ibach owns Biotech Fitness Centre, which showed the following selected transactions for the month ended May 31, 2021 May 1 Purchased new equipment, paying cash of $14,000 and signing a 90-day note payable for the balance of $32,000. IAWN Purchased 12 months of insurance to begin May 2; paid $24,000. Completed a fitness contract for a group of clients today and received $6,000. 6 Purchased office supplies on account; $3,750. Returned to the supplier $750 of defective office supplies purchased on May 4. 10 Provided services to a client today on account; $11,500. 15 Paid for the May 4 purchase less the return of May 6. 20 Received payment from the client of May 10. 25 Received cash of $2,500 from a client for work to be done in June. 31 Paid month-end salaries of $47,000. 31 31 Paid the May telephone bill today; $2,250. Received the May electrical bill today; $3, 100. It will be paid on June 15. Required Prepare General Journal entries for each of the above transactions. O G 9 2 D) ~ 9 71) ENG 10:09 PM Type here to search 9/20/2020Snip & Sketch X New V A . . . Problem 2-3B Preparing General Journal entries LO3,5,6 Susan Hurley, Public Accountant, completed these activities during September 2021, the first month of operations: Sept. 1 Began a public accounting practice by investing $20,000 in cash and office equipment having a $9,200 fair value. AN Prepaid two months' rent in advance on suitable office space, $5,600. Purchased on credit used office equipment, $3,800, and office supplies, $1,380. Completed accounting work for a client and immediately received payment of $2,900 cash. 8 Completed accounting work on credit for Frontier Bank, $5,080. 10 Paid for the items purchased on credit on September 2. 14 Paid the annual $3,300 premium on an insurance policy. 15 18 Paid $1,250 to attend an all-day seminar on September 20 regarding ethical accounting practices. Received payment in full from Frontier Bank for the work completed on September 8. 20 24 Attended the seminar paid for on September 15. Completed accounting work on credit for Travis Realty, $5,000. 28 Hurley withdrew $2,500 cash from the practice to pay personal expenses. 29 30 Purchased additional office supplies on credit, $450. Paid the September utility bills, $1,750. Required Prepare General Journal entries to record the transactions. Type here to search OBABY O G 9 2 D) ~ ) ENG 10:10 PM 9/20/2020Template - Journal.pdf - Adobe Acrobat Reader DC X Restore Down Template - Journal... x (? X T 1 / 1 + 100% Journal Page 1 Date Accounts and Explanation P.R Dr. Cr. $ Type here to search ^ -7) ENG 10:11 PM 9/20/2020
