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Journalize the transactions of Ward Technology Solutions. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Prepaid Advertising;
Journalize the transactions of
Ward
Technology Solutions. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Prepaid Advertising; Building; Land; Accounts Payable; Unearned Revenue;
Ward,
Capital; Service Revenue; Rent Expense; Salaries Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
May
1: The business received cash of
$120,000
and gave capital to
Zoro Ward.
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