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Journalize all of the following 10 transactions. Journalize the following transactions by Blue Spruce Printing Company. (Credit account titles are automatically indented when the amount
Journalize all of the following 10 transactions.
Journalize the following transactions by Blue Spruce Printing Company. (Credit account titles are automatically indented when the amount Is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) 1. 2. 3 4 5 Stockholders invest $ 90,000 cash to start the business Purchased three digital copy machines for $ 400,000, paying $ 118,000 cash and signing a 5-year, 6% note for the remainder. Purchased $ 5,500 paper supplies on credit Cash received for photocopy services amounted to $8.400. Paid $ 500 cash for radio advertising Paid $ 800 on account for paper supplies purchased in transaction 3. Dividends of $1,600 were paid to stockholders. Paid $ 1.200 cash for rent for the current month. Received $ 2.200 cash advance from a customer for future copying Billed a customer for $ 500 for photocopy services completed 6. 7. 8 9. 10. No. Account Titles and Explanation Debit Credit 1. Cash 90.000 Common Stock 0.000 2. Prepaid Insurance Cash 3. 4. 5. 6. 7. 8 9. 10 Step by Step Solution
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