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Lourdes Yabar opened a computer repair business on May 1, 2019 During the first month of operations, the firm had the following transactions. Lourdes Yabar
Lourdes Yabar opened a computer repair business on May 1, 2019 During the first month of operations, the firm had the following transactions. Lourdes Yabar invested $29,000 cash in the business 2 Issued Check 101 for $1,900 to pay the rent for Kay 3 Purchased supplies for $1,400. Paid with Check 102 4 Bought equipment for $9,800. Ieased Check 103 for $2,800 as a down May 1 payment: balance is due in 30 day?s Rettened danad poii s,oend receivld." cash refund of s280. 12 Perforned services for $1,060 on eredit. 19 Issued Check 104 for $330 to pay for a evapaper advertisement 26 Iesued Check 105 for $430 to pay the monthly electrie bili 28 Performed services for $760 cash 29 Received $480 on account from credit custoners. 29 Issued Check 106 for $230 to pay the monthly telephone bill 31 Issued Check 107 for 8,200 to pay a creditor 31 Iesued Check 10B for $3,300 to Lourdes Yabar for personal expenses. Prepare journal entries to record the above transactions. Post the transactions into the appropriate Cash general ledger account Complete this question by entering your answers in the tabs below. General Accounts Journal Prepare journal entries to record the above transactions. Journal entry worksheet 13 Lourdes Yabar invested $29,000 cash in the business Note: Enter debits before credts. May 01 MacBook Pro 2 3 4 6 8
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