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Please record the following entries (files may be attached) for Jon Smith who started Jon's Auto Detailing business: July 1 Jon invested $30,000 cash and
Please record the following entries (files may be attached) for Jon Smith who started Jon's Auto Detailing business: July 1 Jon invested $30,000 cash and equipment worth $150,000 in the company. 2 The company rented equipment by paying $2,000 cash for the first month's (July) rent. 5 The company purchased $2,400 of office supplies for cash. 10 The company paid $7.200 cash for the premium on a 12-monthinsurance policy. Coverage begins on July 11. 14 The company paid an employee $1,000 cash for two weeks' salary earned. 24 The company collected $9,800 cash for storage fees from customers. 28 The company paid $1,000 cash for two weeks' salary earned by an employee. 29 The company paid $950 cash for minor repairs to a leaking roof. 30 The company paid $00 cash for this month's telephone bill. 31 Smith withdrew $2,000 cash from the company for personal use
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