Myra Sharma started a yoga studio, Energy Yoga. During the month of April, the business completed these transactions:

Required Using the worksheets provided:

Prepare journal entries to record the above transactions. The accounts available to use for this problem are:

Cash

Accounts receivable

Supplies

Prepaid insurance

Accounts payable

Unearned revenue

Sharma, capital

Sharma, withdrawals

Yoga revenues

Utilities expense

Salaries expense

Note: You do not need to use all of these accounts. These are the pooling of accounts that you can choose from.

April 5 Performed a yoga class for customers and collected $5,200 cash. April 8 April 18 Purchased yoga supplies on credit; $19,600. Paid salaries with cash; $47,000 Performed a yoga class for customers, on credit, $4,400. April 20 April 22 Paid the April utilities bill today with cash; $2,100 April 29 Myra withdrew $2,000 for personal expenses. General Journal Page 1 Date Account Titles and Explanation PR Debit Credit 2020 G