Question
Journalize the following July transactions for Myer Company July 2. Received $40,000 from Oscar Myer, owner July 5 Purchased $8,500 in computer supplies on
Journalize the following July transactions for Myer Company July 2. Received $40,000 from Oscar Myer, owner July 5 Purchased $8,500 in computer supplies on account July 10 Paid $5,000 for July rent July 13. Purchased equipment for $41,000, paying $25,000 in cash and a note payable for the remainder July 16. Recorded $3.500 of fees earned on account July 19 Recerved $11,000 in cash for fees earned July 22 Paid $2,000 to creditors on account July 25, Paid wages of $1,300 July 31. Received $900 from customers on account. July 31 Recorded owner's withdrawal of $1,000
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
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