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plz i need ans. in 10 minutes. Techno Logic Company provides computer repairs and services plus other technology services. Mr. No started the business July
plz i need ans. in 10 minutes.
Techno Logic Company provides computer repairs and services plus other technology services. Mr. No started the business July 1, 2019 and has monthly financial statements prepared. Record the following transactions in the General Journal provided in General Journal Sheet. 2-Jul Mr. No deposited $15,000 of his personal money into the business bank account to help start the business. 5-Jul Business purchased a vehicle to make service calls with, paid cash $5,000 and signed a loan note with the car dealership for the balance of $45,000. 7. Jul Mr. No made a service call to repair computers at a school and was paid cash of $955 when he left. 3 8-Jul Mr. No was in discussion with a business beside his company to provide support for their computers. 9-Jul A service tech for the business installed a computer system for a client, job was worth $5,000 and the client was given terms to pay in 30 days. 13-Jul A business insurance policy was purchased to insure the business for 3 years effective July 1st. This policy cost $12,000. 13-Jul Purchased repair supplies for the business costing $800, on credit terms on 2/10 net 45. 16-Jul Purchased office supplies to be used immediately for cash in the amount of $300Step by Step Solution
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