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Joumal Entry Practice (Also ask yourself: How is accounting equation impacted? Which F/S's are impacted?) 1. Perform service for cash 2. Perform service on account

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Joumal Entry Practice (Also ask yourself: How is accounting equation impacted? Which F/S's are impacted?) 1. Perform service for cash 2. Perform service on account 3. Customer pays what they owe you 4. Buy supplies on account 5. Buy printing for cash 6. Buy printing on account 7. Pay off A/P 8. Prepay rent 9. Issue shares of CS IND

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