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points 9 August 31, 2023 Wages expense Cash 1,310, 1,310) eBook 2&3. Post the entries to the accounts; calculate the ending balance in each
points 9 August 31, 2023 Wages expense Cash 1,310, 1,310) eBook 2&3. Post the entries to the accounts; calculate the ending balance in each account. Print 101:Cash 131 Prepaid Rent Beg.bal.. References Beg bal. Aug 01 7,100 6,150 Aug 03 Aug 03 6,150) Aug 02 4,050 1,550 Aug 07 Aug 04 3,100 600 Aug 15 1,310 Aug 31 End.bal. 6,150 End.bal. 4,640 161:Office Furniture 162:Accum, Deprec, Office Furniture Beg bal. Aug 01 Beg bal 5,300 End.bal 5,300 End.bal Next 00 Check my wor nts eBook Print References Problem 3-14A Journalizing, posting, adjusted trial balance, adjusting entries (monthly), financial statements LO4, 5, 6, 7 copy On August 1, 2023, Mark Diamond began a tour company in the Northwest Territories called Millennium Arctic Tours. The following occurred during the first month of operations: Aug. 1 Purchased office furniture on account; $5,300. 1 Mark Diamond invested $7,100 cash into his new business. 2 Collected $4,050 in advance for a three-week guided caribou watching tour beginning later in August. 3 Paid $6,150 for six months' rent for office space effective August 1. 4 Received $3,100 for a four-day northern lights vieving tour just completed. 7 Paid $1,550 for hotel expenses regarding the August 4 tour. 15 Mark withdrew cash of $600 for personal use. 22 Met with a Japanese tour guide to discuss a $155,000 tour contract. 31 Paid wages of $1,310. Assume Mark Diamond uses the straight-line method to depreciate the assets. Required: 1. Prepare General Journal entries to record the August transactions. (If no entry is required for a particular transaction/event, slect "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Date August 01, 2023 Office furniture General Journal Debit Credit 5,300
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