Question 2 of 6 > On April 1; Sunland Travel Agency began operations. The following transactions...

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Question 2 of 6 > On April 1; Sunland Travel Agency began operations. The following transactions were completed during the month. -/25 E! 1. Owner invested $25,000 in the business. 2. Obtained a bank loan for $7,900 by issuing a note payable. 3. Paid $11.500 cash to buy equipment. 4. Paid $1,200 cash for April office rent. 5. Paid $1,300 for supplies. 6. Purchased $900 of advertising in the Daily Herald, on account. 7. Performed services for $21,000: cash of $3,000 was received from customers, and the balance of $18,000 was billed to customers on account. 8. Cash withdrawal of $600 by owner for personal use. 9. Paid the utility bill for the month, $3,600. 10. Paid Daily Herald the amount due in transaction (6). 11. Paid $40 of interest on the bank loan obtained in transaction (2). 22 12. Paid employees' salaries and wages, $6,400. 13. Received $12,000 cash from customers billed in transaction (7). Search Journalize the transactions. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Question 2 of 6 > On April 1; Sunland Travel Agency began operations. The following transactions were completed during the month. -/25 E! 1. Owner invested $25,000 in the business. 2. Obtained a bank loan for $7,900 by issuing a note payable. 3. Paid $11.500 cash to buy equipment. 4. Paid $1,200 cash for April office rent. 5. Paid $1,300 for supplies. 6. Purchased $900 of advertising in the Daily Herald, on account. 7. Performed services for $21,000: cash of $3,000 was received from customers, and the balance of $18,000 was billed to customers on account. 8. Cash withdrawal of $600 by owner for personal use. 9. Paid the utility bill for the month, $3,600. 10. Paid Daily Herald the amount due in transaction (6). 11. Paid $40 of interest on the bank loan obtained in transaction (2). 22 12. Paid employees' salaries and wages, $6,400. 13. Received $12,000 cash from customers billed in transaction (7). Search Journalize the transactions. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)