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Q.6. Write Journal entries for the following transactions: begin{tabular}{|c|l|r|} hline No. & Transactions & Amount hline 1. & Receivedcashfromcustomersinadvanceforservicesyettobeprovided & $30,000 hline 2.
Q.6. Write Journal entries for the following transactions: \begin{tabular}{|c|l|r|} \hline No. & Transactions & Amount \\ \hline 1. & Receivedcashfromcustomersinadvanceforservicesyettobeprovided & $30,000 \\ \hline 2. & Bought office supplies on credit & $1,000 \\ \hline 3. & Paid rent for proprietor's residence from firm's account & $1,200 \\ \hline 4. & Bought equipment for $40,500 and made part payment & $5,000 \\ \hline 5. & Billed customers for services provided & $25,465 \\ \hline 6. & Paid part payment to creditors for Equipment purchased & $15,000 \\ \hline 7. & Received electricity bill for the month but did not pay & $1,500 \\ \hline 8. & Paid creditors for the office supplies bought earlier & $1,000 \\ \hline 9. & Paid one month's rent in advance & $3,500 \\ \hline 10. & Paid salary to the assistant & $2,760 \\ \hline \end{tabular}
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