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Problem 2-2A Julia Dumars is a licensed CPA. During the first month of operations of her business, Larkspur, Inc., the following events and transactions occurred.
Problem 2-2A Julia Dumars is a licensed CPA. During the first month of operations of her business, Larkspur, Inc., the following events and transactions occurred. May 1 Stockholders invested $21,700 cash in exchange for common stock. 2 Hired a secretary-receptionist at a salary of $1,100 per month 3 Purchased $2,300 of supplies on account from Vincent Supply Company 7 Paid office rent of $900 cash for the month. 11 Completed a tax assignment and billed client $2.500 for services performed 12 Received $3,200 advance on a management consulting engagement 17 Received cash of $1,800 for services performed for Orville Co. 31 Pald secretary receptionist $1,100 salary for the month 31 Pald 50% of balance due Vincent Supply Company Study Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter"0" for the amounts.) Date Account Titles and Explanation Debit Credit
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