Question
Oct.1Aster 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.
Oct.1Aster 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 insurancepolicy.
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 thenew office.
20. Paid $1,950 for an advertisement in the local newspaper.
22. Received the balance owing from Norton Electric on its account.
28. Billed Whistler Resort $6,400 for services.
31 Paid Donald Gee for nine days' work.
31. Aster Turane withdrew $1,200 cash from the business for personal use.
( journalize entries )
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