Journal entry worksheet for April

1.Signed a one-year lease for a space near a health club, paying $750 for April rent and $2,250 for rent for May, June, and July.

.2.Received investment of cash by three organizers and issued to them a total of 260 shares of $0.05 par value stock with a market price of $40 per share.

3. Ordered a business computer and printer from Dell for $3,050.

4. Paid Facebook $2,150 as a budget for advertising. (Facebook charges the advertisers account per click, drawing down the balance. The average click is $0.34.)

5. Paid $2,760 for 12 months of insurance coverage, with one-twelfth covering April and the rest covering the remainder of the fiscal year (end of March next year).

6. Along with her four other licensed massage therapists, Sarah and her team provided $42,600 of deep tissue service to clients in April who paid half in cash and agreed to pay the rest in May.

7. At the end of April, received a $340 utility bill for the use of gas and electric in April. The bill will be paid in May.

8. Received $10,400 from clients for a series of services to be performed beginning in May.