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Provide general journal entries for each of these transactions in the space following the problem. Use typical general journal formatdebits first, appended to the left
- Provide general journal entries for each of these transactions in the space following the problem. Use typical general journal formatdebits first, appended to the left margin, credits indented (both accounts and amounts).
- Paid $4,000 cash for a new printer.
- Depreciation expense for the month is $8,000.
- Sales for the month are $15,000, $1,000 in cash and the rest receivable.
- Purchased supplies of $400 for the supplies inventory.
- A month-end inventory of supplies shows $100 of the previous purchase left unused. Adjust the accounts!
- Rent expense for the month totals $800, paid in cash.
- Sole proprietorship received $10,000 cash from its owner, Ferd Berful.
- Ferd withdrew $500 from his sole proprietorship for living expenses.
- Received $500 cash as an advance payment for services to be provided in the future.
- Employee wages total $5,000 for the month, $4,000 paid in cash and $1,000 to be paid early next month.
- The unearned revenue account has a balance of $9,000your month-end analysis shows that $5,000 of this amount has now been earned.
- On the last day of the month, bought an insurance policy providing insurance protection for the next 6 months for $600 in cash.
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