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Make journal entries Ref# Transaction 1 3 PARTNERS EACH INVEST $5500 2 Open new office pay rent for current month $500 + pay additional $1500

Make journal entries

Ref#Transaction
13 PARTNERS EACH INVEST $5500
2Open new office pay rent for current month $500 + pay additional $1500 for next 3 months
3Buy office supplies on-account $1100
4Buy office equipment for $4000: $2000 down , $2000 in 60 days
5Buy car for $8000, $1000 down; pay $7000 on Note in 2 yrs.
6provide services for customer; paid #1500 and customer owes $5000
7pay wages of $3000
8billed for insurance for next six month. $1500 to be paid next mo.
9advertising expense to be paid later $400
10pay for #3 office supplies
11Perform services for customer; on-acct. $1800
12PAY CASH FOR VEHICLE MAINTENANCE; $125
13Each partner withdraws $150
14customer from #11 pays $900
15Cash sales to customer $3500
16New partner invests $3000 in the company
17pay telephone expense $200
18record delivery expenses to be paid later. $175
19pay part of delivery expense #18. $100

20

Depreciate ExP car $200*

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