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Journalize the following transactions by Bridgeport Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no
Journalize the following transactions by Bridgeport 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 O for the amounts.) 1. 2. 3. 4. 5. Stockholders invest $86,500 cash to start the business. Purchased three digital copy machines for $400,000, paying $111,000 cash and signing a 5-year, 6% note for the remainder. Purchased $4,500 paper supplies on credit. Cash received for photocopy services amounted to $7,000. Paid $800 cash for radio advertising. Paid $1,000 on account for paper supplies purchased in transaction 3. Dividends of $2,100 were paid to stockholders. Paid $1,400 cash for rent for the current month. Received $2,800 cash advance from a customer for future copying. Billed a customer for $400 for photocopy services completed. 6. 7. 8. 9. 10. No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. 8. 9. 10
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