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Journalize the following transactions by Monty Printing Company (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no

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Journalize the following transactions by Monty 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 for the amounts.) 1 2 3 4. Stockholders invest $86,000 cash to start the business. Purchased three digital copy machines for $410,000. paying $103,000 cash and signing a 5-year, 6% note for the remainder Purchased $4,800 paper supplies on credit Cash received for photocopy services amounted to $8,100 Paid $650 cash for radio advertising Paid $1,000 on account for paper supplies purchased in transaction 3. Dividends of $2.200 were paid to stockholders. Paid $1,600 cash for rent for the current month. 5. 5. 6. 7. 8. 9. Received $3,200 cash advance from a customer for future copying 10. Billed a customer for $650 for photocopy services completed No. Account Titles and Explanation Debit Credit 1. 2. 3. 5. 6. 7. 8. 9. 10. 10

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