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Part AThe following are a few of the transactions incurred during the month of August.Journalizethese transactions in thefirst sectionof the spreadsheet.Refer to the chart of
Part AThe following are a few of the transactions incurred during the month of August.Journalizethese transactions in thefirst sectionof the spreadsheet.Refer to the chart of accounts givenbelow for account names.TransactionsAugust 1Signed a contract and received $1500 plus HST to cut grass and clear snow forthe next 12 months.August 1Paid $1320 plus HST for the next six months worth of insurance. August 9Purchased supplies for $250 plus HST on account under the terms 2/10 n/30August 10Performed a small repair job for $320 plus HST and was paid for the services.August 14Paid the bill form the August 9 Purchase.Note: this company does not have apurchase discounts account, they credit the discount to supplies.August 18Received payment on account of $525 for services performed in July.August 23Repairs were done to one of their lawnmower at a cost of $175 plus HST. Therepairs were paid for with Cheque #122August 26Jordan withdrew $500 for personal use
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