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Record all business transactions for January through Journal entries. 02-Jan ANC Inc. received $200,000 investment from Eron Shaw 02-Jan ANC Inc. paid $2,000 for office
Record all business transactions for January through Journal entries. 02-Jan ANC Inc. received $200,000 investment from Eron Shaw 02-Jan ANC Inc. paid $2,000 for office rent 03-Jan ANC Inc. puchased furniture, computer and equipment for $5,000, $6,000 and $2,000 respecti 03-Jan Purchased supplies for $1,500 on credit 05-Jan Performed consulting service for $5,000 in cash 15-Jan Performed consulting service for $15,000 on account 31-Jan Received $10,000 from credit customer 31-Jan Paid for supplies 31-Jan Paid utilities for $500, salaries for $8,000 and paid next month's rent for $2,000 31-Jan Found supplies on hand if $1,050 during physical count Record all adjusting entries for Supplies, prepaid and amortization for Jan 31st Furniture O Computer Equipment Chipe Useful Life 5 3 5 Claple: Practive lis Salvage Value 10 0
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