Old MathJax webview

Old MathJax webview

they're asking me to prepare the journal entries for all the transactions

Pirates Incorporated had the following balances at the beginning of September. PIRATES INCORPORATED Trial Balance September 1 Accounts Debits Credits Cash $ 5,900 Accounts Receivable 1,900 Supplies 7,089 Land 10,600 Accounts Payable $ 6,909 Notes Payable 2,400 Common Stock 8,489 Retained Earnings 2,700 Totals $25,400 $25,400 The following transactions occur in September September 1 Provide services to customers for cash, $4,108. September 2 Purchase land with a long-term note for $5,889 from Crimson Company. September 4 Receive an invoice for $440 from the local newspaper for an advertisement that appeared on September 2. September 8 Provide services to customers on account for $5,400. September 10 Purchase supplies on account for $1,100. September 13 Pay $3,400 to Crimson Company for a long-term note. September 18 Receive 54,400 from customers on account. September 20 Pay $840 for September's rent. September 30 Pay September's utility bill of $1,700. September 30 Pay employees $3,400 for salaries for the month of September