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Journal. Entries: In the month of March, the following activities happened, please post journal entries in the journal. No transaction description was needed. 1) 3/1
Journal. Entries: In the month of March, the following activities happened, please post journal entries in the journal. No transaction description was needed. 1) 3/1 Shareholders invested $12,500-cash in the business. by purchasing common stock. 2) 3/5 Purchased supplies on account, $6,250 3)- 3/12 Paid operating expenses, $5,500- 4) 3/15. ed clients for fees earned, $7,440 5) 3/20. Received cash from cash-clients for service performed (fee earned), $4,700+ 6)-3/21 aid creditors on account, $1,400 7) 3/26. Received $3,100 from clients on account. 8) 3/31. Paid $1,500 cash dividends Using the following accounts to generate journal.entr Cash, Accounts. Receivable, Supplies Accounts payable; Common Stock Dividends, H Professional Fees, operating expenses
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