Question
PLEASE HELP JOURNALIZE TRANSACTIONS BELOW. March 1 Paid monthly rent of $1,030. March 3 Performed services for $120 on account. March 5 Performed services for
PLEASE HELP JOURNALIZE TRANSACTIONS BELOW.
March 1 | Paid monthly rent of $1,030. | |
March 3 | Performed services for $120 on account. | |
March 5 | Performed services for cash of $65. | |
March 8 | Purchased equipment for $515. The company paid cash of $70 and the balance was on account. | |
March 12 | Received cash from customers billed on March 3. | |
March 14 | Paid wages to employees of $450. | |
March 22 | Paid utilities of $62. | |
March 24 | Borrowed $1,290 from Grafton State Bank by signing a note. | |
March 27 | Paid $190 to repair service for plumbing repairs. | |
March 28 | Paid balance amount owed from equipment purchase on March 8. | |
March 30 | Paid $1,550 for six months of insurance. |
LIST OF ACCOUNTS TO USE:
Accounts Payable Accounts Receivable Advertising Expense Bonds Payable Buildings Cash Common Stock Dividends Equipment Gasoline Expense Income Tax Expense Income Taxes Payable Insurance Expense Land Maintenance and Repairs Expense Mortgage Payable No Entry Notes Payable Notes Receivable Prepaid Insurance Prepaid Rent Rent Expense Rent Revenue Repair Services Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Service Revenue Supplies Supplies Expense Unearned Service Revenue Utilities Expense Website
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