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Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.
Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the amount 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 and enter O for the amounts.) 1. The owner, Meghan Williams, invests $29.400 in cash to start a real estate office operating as a sole proprietorship. 2 Purchased $336 of supplies on credit. 3. Purchased equipment for $5,040, paying $2,100 in cash and signed a 30-day, $2,940, note payable. 4. Real estate commissions billed to clients amounted to $3,360. (Hint: Use Service Revenue) 5. Paid $588 in cash for the current month's rent. 6. Paid $168 cash on account for supplies purchased in transaction 2. 7. Received a bill for $420 for advertising for the current month. 8. Paid $1,848 cash for salaries. 9. Meghan withdrew $1,008 from the business for living expenses. 10 10. Received a cheque for $2,520 from a client in payment on account for commissions billed in transaction 4. No. Account Titles 1. 2. Debit Credit
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