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On October 1 , 2 0 Y 5 Carlos Morales established Morales Computer Services, which completed the following transactions during the month of October. Fill
On October Y Carlos Morales established Morales Computer Services, which completed the following transactions during the month of October. Fill in the blanks for the journal entries for transactions a through i using the following account titles. Explanations may be omitted.
Cash
Supplies
Accounts Payable
Carlos Morales, Capital
Carlos Morales, Drawing
Fees Earned
Rent Expense
Office Salaries Expense
Automobile Expense
Supplies Expense
Miscellaneous Expense
a Carlos Morales transferred cash from a personal bank account to an account to be used for the business, $
a
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b Paid rent on the office building for the first month, $
b
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c Purchased supplies on account, $
c
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d Earned fees, receiving cash, $
d
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e Paid automobile expense for month, $ and miscellaneous expense $
e
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amount of credit; make sure you include a for the thousands place
f Paid creditor on account, $
f
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g Determined that the cost of supplies used was $
g
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h Paid office salaries, $
h
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i Withdrew cash for personal use, $
i
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