Journalize the following transactions for

July.

(Record debits first, then credits. Select the explanation on the last line of the journal entry table.)

July

1: Issued common stock for $17,000

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

5: Performed services on account for $6,000

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

9: Purchased office supplies on account for $100

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

10: Performed services for cash of $2,400

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

12: Received payment in full for services performed on account from

July

5

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

24: Paid in full for office supplies purchased on

July

9

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

25: Received and paid monthly electric bill of $400

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

30: Signed a note payable to purchase office furniture for $5,000

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

July

31: Paid monthly payroll of $3,200

Journal Entry
Date		Accounts and Explanations	Debit	Credit
Jul

1:	Issued common stock for $17,000
July 5:	Performed services on account for $6,000
July 9:	Purchased office supplies on account for $100
July 10:	Performed services for cash of $2,400
July 12:	Received payment in full for services performed on account from July 5
July 24:	Paid in full for office supplies purchased on July 9
July 25:	Received and paid monthly electric bill of $400
July 30:	Signed a note payable to purchase office furniture for $5,000
July 31:	Paid monthly payroll of