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On August 15, 2024, Alpha Corporation engaged in the following transactions: Sold $6,000 worth of merchandise for cash. Received a $3,000 loan from Omega Bank.
On August 15, 2024, Alpha Corporation engaged in the following transactions:
- Sold $6,000 worth of merchandise for cash.
- Received a $3,000 loan from Omega Bank.
- Paid $1,500 for insurance coverage for the next six months.
- Purchased $4,000 of inventory on credit from Nu Suppliers.
- Issued a $2,200 refund to a customer for returned merchandise.
- Paid $800 in utilities expenses for the month.
- Sold office furniture for $2,500 in cash.
- Received $1,000 cash as a deposit for future services.
- Purchased $3,200 of advertising services on credit from Mu Marketing.
- Declared and set aside $600 as a provision for warranty expenses.
Please journalize these transactions for Alpha Corporation.
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