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Journal entry for asset purchase Journalize the entry for the purchase of office supplies on February 13 for $3,175, paying $1,000 cash and the remainder

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Journal entry for asset purchase Journalize the entry for the purchase of office supplies on February 13 for $3,175, paying $1,000 cash and the remainder on account. If an amount box does not require an entry, leave it blank. Journal entry for fees earned Journalize the entry on October 19 for cash received for services rendered, $8,774. If an amount box does not require an entry, leave it blank. Journal entry for owner withdrawal Journalize the payment of cash to Loreen O'Reilly for personal use on May 20 for $75,000. If an amount box does not require an entry, leave it blank. Missing amount from an account On July 1 , the supplies account balance was $1,680. During July, supplies of $5,250 were purchased, and $1,810 of supplies were on hand as of July 31. Determine supplies expense for July. For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much. If the debit and credit totals would be equal, enter zero ("0) in the amount box. a. The payment of cash for the purchase of office equipment of $15,000 was debited to Land for $15,000 and credited to Cast for $15,000. by $ b. The payment of $3,000 on account was debited to Accounts Payable for $300 and credited to Cash for $3,000. by $ c. The receipt of cash on account of $1,200 was recorded as a debit to Cash for $2,100 and a credit to Accounts Recelvable for $1,200. by $ The following errors took place in journalizing and posting transactions. Journalize the entries to correct the errors. a. The receipt of $10,700 for services rendered was recorded as a debit to Accounts Receivable and a credit to Fees Earned. If an amount box does not require an entry, leave it blank. b. The purchase of supplies of $4,300 on account was recorded as a debit to Office Equipment and a credit to Supplies. Note: Prepare the entry to reverse the original entry first. If an amount box does not require an entry, leave it blank. Horizontal analysis Two income statements for Paragon Company follow; Paragon Company Income Statements Prepare a horizontal analysis of Paragon Company's income statements

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