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Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the am is entered. Do not indent manually. List
Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the am is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles a enter O for the omounts.) 1. Irma Harris invests $47,700 cash to start a law firm, Legal Harris, operating as a proprietorship. 2. Paid $2,862 cash for the first three months rent 3. Purchased equipment for $26,500, paying $9,010 in cash and signed a 30-day, 5% note payable for $17,490. 4. Paid $697 cash for the purchase of supplies. 5. Received a bill for $742 for advertising for the current month. 6. Billed $10,600 to dients for legal services. 7. Paid $742 cash on account for the advertising in transaction 5 . 8. Paid $4.770 cash for salaries. 9. Irma withdrew 56,572 cash. 10. Received a cheque for $5,300 from a client in payment on account for services billed in transaction 6. 1. 2. 3. 4. 5
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