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Record the following selected transactions for March in a two-column journal, identifying each entry by letter: (Use the following chart of accounts: Cash account, common

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Record the following selected transactions for March in a two-column journal, identifying each entry by letter: (Use the following chart of accounts: Cash account, common stock, computer equipment, rent expense, supplies, fees earned, accounts payable, wages expense, accounts receivable, (a) Received $10,000 from the owners of the corporation in exchange for common stock (b) Purchased computers for $5,000 on account (c) Paid $500 for rent for March. (d) Paid $200 for supplies. (e) Recorded $3,000 of fees earned on account. (1) Received $1,000 in cash for fees earned. (g) Paid $400 to creditors on account. (h) Paid wages of $1,250. (1) Received $1,150 cash from customers on account. 6) Recorded the payment of $850 in cash dividends. JOURNAL DATE PAGE DIRETON PORT 5 GREN . O E 10 9 11 * 11 11 13 18 - 2 TO TE 20 LE 21 22 22 1918 pela la la la 24 N 25 26 25 27 21 29 20 or 21 C 31 32 CE C 34 34 35 35 36 36 7

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