Question
on journal paper, prepare journal entries (in proper form) for the following transactions. if no entries requires, write (no entry) OMIT EXPLANATIONS 4/1 jean luc
on journal paper, prepare journal entries (in proper form) for the following transactions. if no entries requires, write (no entry) OMIT EXPLANATIONS
4/1 jean luc opened a dry cleaning service, called Luc Cleaners, by depositing $60,000 into a business bank account and receiving common stock in exchange.
4/6 purchased dry cleaning equipment for 40,000. paid 8,000 in cash, the remainder to be paid in two weeks.
4/9 hired a part-time worker, jeff, to be paid 300 a week. starting tomorrow
4/17 paid jeff his weekly wages of 300
4/17 recorded cash received for services performed during the week, 3000.
4/20 paid for the remainder of the equipment purchased on april 6
4/23 performed 500 of dry cleaning services for rileys tuxedo shop. riley will send the payment in 3 days.
4/24 paid jeff his weekly wages of $300
4/26 received payment from rileys tuxedo shop
4/30 received a telephone bill of 100. which will be paid in two weeks.
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