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on April 1 adventure travel agency Inc began operations the following transactions were completed during the month. journalize the transactions if no entry is required
on April 1 adventure travel agency Inc began operations the following transactions were completed during the month.
stion 9 of 12 THE AUVERUIT OVERLEGELIUS, METUS TUIUTES WERE CU UUTETUNG 1. 2. 3. 4. 5. 6. Issued cominon stock for $24,000 cash. Obtained a bank loan for $7.000 by issuing a note payable. Paid $11,000 cash to buy equipment Paid $1,200 cash for April office rent. Paid $1450 for supplies Purchased $600 of advertising in the Daily Herald, on account Performed services for $18,000: cash of $2,000 was received from customers, and the balance of $16,000 was billed to customers on account Paid $400 cash dividend to stockholders Paid the utility bill for the month, $2,000 Paid Daily Herald the amount due in transaction (6) Pald $40 ot interest on the bank loan obtained in transaction (2) Pald employees salaries $6.400 7 8 9. 10 11 12 13 Received $12,000 cash from customers billed in transaction (7) 14 Paid income tax $1.500. Journalize the transactions. Of no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically Indented when amount is entered. Do not indent manually) 0 Search or ne URL 2 3 a 96 5 0 > & 7 00. 9 . W E R T Y U O P S D F G H L V B N Question 9 of 12 1 >> 3. 4 5 6 SNEEURL 3 E 5 6 7 00. w E R Y U O T G S D F H J K L X V B N M journalize the transactions if no entry is required select no entry for the account totals and enter zero for the amounts credit account titles are automatically indented one amount is entered do not indent manually.
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