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Journalize the following transactions for Xiu Xiu Company for June 2021, the company's first month of operations. 1. Purchased equipment on account for $9,000.
Journalize the following transactions for Xiu Xiu Company for June 2021, the company's first month of operations. 1. Purchased equipment on account for $9,000. 2. Billed customers $5,000 for services performed. 3. Made payment of $2,300 on account for equipment purchased earlier in month. 4. Collected $2,900 on customer accounts. (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.) No. Account Titles and Explanation 1. Debit Credit 2.
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