Question
Oct.1 Aster Turane invested $32,000 cash, a $5,040 computer system, and $12,000 of office equipment in the business. 2 Paid six months of rent in
Oct.1
Aster Turane invested $32,000 cash, a $5,040 computer system, and
$12,000 of office equipment in the business.
2
Paid six months of rent in advance; 9,300.
3
Purchased computer supplies on credit for $1,975 from Triple-One Supplies.
5
Paid $8,640 cash for one year's premium on a property and liability insurance
policy.
6
Billed Norton Electric $3,300 for installing a new computer system.
8
Paid for the computer supplies purchased from Triple-One Supplies.
10
Hired Donald Gee as a part-time assistant for $345 per day, as needed.
12
Billed Norton Electric another $1,850 for computer services rendered.
15
Received $1,650 from Norton Electric on its account.
17
Paid $375 to repair equipment damaged when moving into the
new office.
20
Paid $1,950 for an advertisement in the local newspaper.
the question : Prepare journal entries to record the transactions for October, November and December.
Post these entries to the general ledger accounts.
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