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QUESTION 2 Record the following selected transactions for October as journal entries for Sam Co.: Jan. 1 auw Received cash from the investment made by

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QUESTION 2 Record the following selected transactions for October as journal entries for Sam Co.: Jan. 1 auw Received cash from the investment made by Sam, $10,000. Received cash for fees earned from completing jobs, $9,500. Billed customers on account for providing services, $6,500. Paid rent expense, $600. Received cash from customers on account, $2,500. Sam, the owner, withdrew $1,000 for his own personal use. Paid $900 on an account payable. Paid telephone bill, $300 Date Description Post. Ref. Debit Credit

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