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Journal Entries and THial Balance On January 1, 2019, Sharon Matthews established Trioty Reaty, which completed the following basadom duang the month Sharon Matthews transferred
Journal Entries and THial Balance On January 1, 2019, Sharon Matthews established Trioty Reaty, which completed the following basadom duang the month Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $27,000 b. Paid rent on office and equipment for the month, $4,930 c. Purchased supplies on account, $1,460 d. Paid creditor on account, $540 e. Earned fees, recelving cash, $22,410 automobile expenses (including rental charge) for month, $1,370, and miscellaneous expenses, $920. g. Paid office salaries, $2,870 h. Determined that the cost of supplies used was $810 L Withdrew cash for personal use, $1,320 Required: 1. Journalize entries for transactions (a) through (0 (in chronological order), using the following account sitles: Cah, Supplies; Accounts Payable; Sharon Matthews, Capital Sharon Matthe es, Drawing; Fees Eamed; Rent Expense: Office Salanes Expense; Automobile Expense; Supplies Expense; Mscenaneous Expense Re a co pound transaction, if an amount box does not require an entry, leave it blank Cash b Rent Expense Cash Accounts Payable d. Accounts Payable Cash Cash f Previcus Nod
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