Question
objective : to record transactions in a general journal domingo cantoria's electronics repair shop opened on march 1,20x2. durinng march the following transaction occured: 20x2
objective : to record transactions in a general journal
domingo cantoria's electronics repair shop opened on march 1,20x2. durinng march the following transaction occured:
20x2
mar. 1 domingo invested $7000 cash in his business
1 paid rent for the month $450
3 purchased supplies for cash $650
5 purchased equipment on credit $3800
6 made repairs andd received cash $210
7 made repairs on credit $250
15 hired an assistant at a monthly salary of $900
17 invested a additional $2000 in the business
20 purchased supplies on credit $450
22 paid for advertising in a local newspaper $95
25 made repairs and receive cash $775
28 paid gas and electric bill for the month $350
30 collected the amount due from march 7,$250
31 paid the two week salary due to the assistant hired on march 15, $450
31 made repairs on credit,$295
31 paid telephone bill $105
directions : record the transactions in a general journal.Use the following account tittles: cash, accounts receivable,supplies; equipment ; account payable; domingo cantoria capital; repair revenue;rent expense;salaries expense; advertising expense; utilities expense; and telephone expense.
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