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Journalize the transactions Swifty Security Company provides security services. Selected transactions for Swifty are as follows. Oct. 1 Invested $62,000 cash in the business. 2
Journalize the transactions
Swifty Security Company provides security services. Selected transactions for Swifty are as follows. Oct. 1 Invested $62,000 cash in the business. 2 Hired part-time security consultant. Salary will be $2,200 per month. First day of work will be October 15. 4 Paid one month of rent for building for $2,200. 7 Purchased equipment for $16,000, paying $3,000 cash and the balance on account. 8 Paid $500 for advertising. 10 Received bill for equipment repair cost of $320. 12 Provided security services for event for $3,300 on account. 16 Purchased supplies for $440 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $128. 27. Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5,300. (a) Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Step by Step Solution
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