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On October 1, 2024, Alpha Corporation and various other companies engaged in the following transactions: Alpha Corporation purchased $7,000 of office furniture on credit from
On October 1, 2024, Alpha Corporation and various other companies engaged in the following transactions:
- Alpha Corporation purchased $7,000 of office furniture on credit from Beta Furnishings.
- Beta Furnishings granted a $1,200 discount to Alpha Corporation for early payment of the invoice from Transaction 1.
- Gamma Enterprises paid $9,500 in cash for consulting services provided by Delta Consultants.
- Delta Consultants provided $4,000 worth of consulting services to Epsilon Solutions on credit.
- Epsilon Solutions returned $1,500 worth of unused consulting hours to Delta Consultants.
- Zeta Industries sold equipment for $11,000 cash to Theta Corporation.
- Theta Corporation paid $2,800 for advertising services provided by Iota Marketing.
- Iota Marketing granted a $500 discount to Theta Corporation for prompt payment of the advertising invoice.
- Kappa Ventures received a $6,000 loan from Lambda Bank.
- Lambda Bank charged $400 as interest on the loan provided to Kappa Ventures.
Please journalize these transactions for the respective companies involved.
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