Question 2, P2-61A\ HW Score:

34.33%,1.03

\ (book/static)\ of 3 points\ Part 2 of 16\ Polnts: 0.03 of 1\ During the first month of operations, Cloutier Services, Inc., completed the following transactions:\ (Click the icon to view the transaction data.)\ Read the requirements.\ Requirement 1. Record each transaction in the journal. Key each transaction by date. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.)\ Aug 2: Cloutier Services received

$69,000

cash and issued common stock to the stockholders.\ Journal Entry\ Aug 3: Purchased supplies,

$500

, and equipment,

$11,800

, on account. (Prepare a single compound journal entry)\ Journal Entry\ \\\\table[[Date,Accounts,Debit,Credit],[Aug,Equipment,11,800,],[Supplies,500,],[Accounts Payable,,12,300]]

During the first month of operations, Cloutier Services, Inc., completed the following transactions: (Click the icon to view the transaction data.) Read the requirements. Requirement 1. Record each transaction in the journal. Key each transaction by date. Explanations ar not required. (Record debits first, then credits. Exclude explanations from journal entries.) Aug 2: Cloutier Services received $69,000 cash and issued common stock to the stockholders. Aug 3: Purchased supplies, $500, and equipment, $11,800, on account. (Prepare a single compound journal entry.)