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Prepare a general journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services
Prepare a general journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services for $2,400 and rents training equipment for $600. The customer is billed $3,000 for these services. December 19 Receives $3,000 cash from the customer billed on Dec. 9. December 20 Purchases $2,000 of supplies on credit from a supplier. December 23 Receives $1,600 cash in advance of providing a 4-week training service to a customer. December 29 Pays $1,300 cash as a partial payment toward the accounts payable of Dec. 20. December 30 Withdrawal of $500 cash by the owner for personal use
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