Question
Prepare April Journal Entries as T accounts and Regular Journal entries. Dont forget descriptions and date. JTT is a licensed CPA. During the first month
Prepare April Journal Entries as T accounts and Regular Journal entries. Dont forget descriptions and date. JTT is a licensed CPA. During the first month of operations of her business, the following events and transactions occurred. a) April 2, Invested $73,600 cash and equipment valued at $32,200 in the business. b) April 2, Hired a secretary-receptionist at a salary of $667 per week, payable monthly. c) April 3, Purchased supplies on account $1,610. (Debit an asset account.) d) April 7, Paid office rent of $1,380 for the month. e) April 11 Completed a tax assignment and billed client $2,530 for services rendered. (Use Service Revenue account.) f) April 12 Received $7,360 advance on a management consulting engagement. g) April 17 Received cash of $5,290 for services completed for Calunga Co. h) April 21 Paid insurance expense $253. i) April 30 Paid secretary-receptionist $2,668 for the month. j) April 30 A count of supplies indicated that $276 of supplies had been used. k) April 30 Purchased a new computer for $14,030 with personal funds. (The computer will be used exclusively for business purpos
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