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On August 1, 2024, Alpha Corporation engaged in the following transactions: Purchased office supplies on credit from Beta Inc. for $1,500. Received $5,000 cash for
On August 1, 2024, Alpha Corporation engaged in the following transactions:
- Purchased office supplies on credit from Beta Inc. for $1,500.
- Received $5,000 cash for services rendered to Gamma Ltd.
- Paid $2,000 rent for the office space for the month of August.
- Sold merchandise for $7,000 on credit to Delta Co.
- Issued a check for $3,500 to settle an accounts payable to Epsilon Enterprises.
- Received a dividend of $800 from Theta Investments.
- Paid $1,200 in salaries to employees for the month of August.
- Purchased equipment for $10,000 in cash from Zeta Industries.
- Issued a $2,500 promissory note to Sigma Suppliers for inventory purchases.
- Declared and set aside $1,000 as a provision for bad debts.
Please journalize these transactions for Alpha Corporation.
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