Question
Journalize the following transactions of M. Acosta, interior designer, in her first month of business. (Credit account titles are automatically indented when amount is entered.
Journalize the following transactions of M. Acosta, interior designer, in her first month of business. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)
Jan. 2 Invested $13,000 cash in business. 3 Purchased a used car for $2,000 cash for use in the business. 9 Purchased supplies on account for $600. 11 Billed customers $2,400 for services performed. 16 Paid $450 cash for advertising. 20 Received $900 cash from customers billed on January 11. 28 Withdrew $1,300 cash for personal use by owner.
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