Question
Journalize the following selected transactions for August 2019 in a two-column journal. Aug. 1 Stephanie transferred cash from a personal account to an account to
Journalize the following selected transactions for August 2019 in a two-column journal.
Aug. 1 | Stephanie transferred cash from a personal account to an account to be used by the business $20,000. |
2 | Paid office rent for November $2,000 |
4 | Purchased a computer for $6,000 paying $2,000 cash and giving a note payable for the remainder |
5 | Received cash for providing accounting services, $6,000. |
6 | Billed customers on account for providing accounting services, $2,000. |
7 | Paid advertising expense, $400. |
10 | Received cash from customers on account, $3,500. |
31 | Owner withdraws $1,000.
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