Question
Please prepare general journal entries in proper form for the following transactions: a) John Snow started JS Consulting by placing $25,000 of his own money
Please prepare general journal entries in proper form for the following transactions: a) John Snow started JS Consulting by placing $25,000 of his own money into the business account.
b) JS Consulting purchased a computer for $2,500 on credit from Nuclear Technologies.
c) Purchased supplies and paid cash $250.
d) JS Consulting paid the first three months of rent $3,000.
e) Paid wages for the month $1,800.
f) JS Consulting collected $1,000 from a customer for services to be performed text month.
g) John Snow withdrew $500 from the company for personal use.
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