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Please answer every part of the question. Thank you! In January. Tongo, Incorporated, a branding consultant, had the following transactions. a. Recelved $9.800 cash for
Please answer every part of the question. Thank you!
In January. Tongo, Incorporated, a branding consultant, had the following transactions. a. Recelved $9.800 cash for consulting servicec rendered in January. b. Issued common stock to investors for $14.000 cash. C. Purchased $15,500 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Receved $10.200 cash for consulting services to be performed in February. e. Bought and recelved $1,820 of supplies on account. f Recelved utity bill for January for $1,430, due February 15 . 9. Consulted for customers in January for fees totaling $18.200, due in February. h. Recelved $17,900 cash for consulting services rendered in December. 1. Pad $910 toward supplies purchased in (el. Required: Prepare the joumal entry for each of the above transactions; If no entry is required for a transactionievent, select "No Joumal Entry Required" in the first account field) Journal entry worksheet 4 7 9 Received $9,800 cash for consulting services rendered in January. Record the transaction. Note: Enter deblis berore credits. Journal entry worksheet Issued common stock to investors for $14,000 cash. Record the transaction. Nate: Enter debits before credits. Journal entry worksheet Step by Step Solution
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