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Nancy Jackson opened Jackson Interior Decorating Service on July 1 , 2 0 2 2 . During July, the company completed the following transactions July
Nancy Jackson opened Jackson Interior Decorating Service on July During July, the company completed the following transactions
July Invested $ cash in the business.
Purchased a used sewing machine for $ paying $ cash and the balance on account.
Purchased supplies for $ on account.
Paid $ on a year insurance policy, effective July
Billed customers $ for decorating services.
Paid $ of amount owed on sewing machine, and $ of amount owed on supplies.
Paid $ for employee salaries.
Collected $ from customers billed on July
Billed customers $ for decorating services.
Paid utilities for the month, $
Withdrew $ cash for personal use.
a
Journalize the July transactions. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.
Date
Account Titles and Explanation
Debit
Credit
July
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