In the following, record the transaction analysis of these actions, then journalize them in the journal.

Note: Think about the account names that the business owner may use to record these transactions

Transaction Analysis

Transaction 1: Nov.1 Received $300 cash from a client for accounting services.

Transaction 2: Nov. 5 Billed client fee of $1000 for accounting services performed.

Transaction 3: Nov. 8 Received $550 from a client as partial payment of the $1000 billed for services provided on Nov.5.

Transaction 4: Nov. 10 Received a bill for $400 from the local newspaper for advertising.

Transaction 5: Nov. 12 Paid $300 to an employee for two days wages.

Transaction 6: Nov. 20 Paid the local newspaper the $400 owed for advertising.

Account Affected Type of Account Increase/ Debit/ Decrease Credit

1.

2.

3.

4.

5.

6.

Date	Particulars	P.R.	Debit	Credit