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Lourdes Yobar opened a computer repair business on May 1, 2019. During the first month of operations, the firm had the following transactions. May 1

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Lourdes Yobar opened a computer repair business on May 1, 2019. During the first month of operations, the firm had the following transactions. May 1 Lourdes vabar invested $38,000 cash in the business. 2 Issued Check 101 for $2,500 to pay the rent for May 3 Purchased supplies for $1,850. Paid with Check 102. 4 Bought equipient for $10,700. Issued Check 103 for $3,700 as a down payment; balance is due in 30 days 6 Returned danaged supplies, and received a cash refund of $370. 12 Performed services for $1.240 on credit. 19 Issued Check 104 for $420 to pay for a newspaper advertisement. 26 Issued Check 105 for $520 to pay the monthly electric bill. 28 Performed services for $940 cash. 29 Received 5578 on account from credit customers. 20 Issued Check 106 for $320 to pay the monthly telephone bill 31 Issued Check 107 for $9,550 to pay a creditor. 31 Issued Check 108 for $4,200 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 Journal Ledger Accounts Prepare journal entries to record the above transactions. View transaction list View transaction list 1 Lourdes Yabar invested $38,000 cash in the business. 2 Issued Check 101 for $2,800 to pay the rent for May. 3 Purchased supplies for $1,850. Paid with Check 102. 4 Bought equipment for $10,700. Issued Check 103 for $3,700 as a down payment; balance is due in 30 days. 5 Returned damaged supplies, and received a cash refund of $370. 6 Performed services for $1,240 on credit. 7 Issued Check 104 for $420 to pay for a newspaper Note : = journal entry has been entered Record entry Clear entry Vie View transaction list 13 8 Issued Check 105 for $520 to pay the monthly electric bill. 9 Performed services for $940 cash. 10 Received $570 on account from credit customers. 11 Issued Check 106 for $320 to pay the monthly telephone bill. Credit 12 Issued Check 107 for $9,550 to pay a creditor. / 13 Issued Check 108 for $4,200 to Lourdes Yabar for personal expenses. Note : = journal entry has been entered Record entry Clear entry View general Prepare journal entries to record the above transactions. Post the transdu Complete this question by entering your answers in the tabs below. General Journal Ledger Accounts Post the transactions into the appropriate Cash general ledger account. General Ledger accounts Account: Cash Account No. 101 Date Debit Credit Balance

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