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Record the following transactions on the General journal that are given below for the month of November, Identify each entry by letter. A. Alien is
- Record the following transactions on the General journal that are given below for the month of November, Identify each entry by letter. A. Alien is a lawyer and owner of ABC Consulting Firm.
- Earned $8,000 fees on account
- Purchased equipment for $ 45,000 paying $20,000 in cash and the remainder on credit
- Paid $3,000 for rent for January
- Purchased $2,500 of supplies on account
- A. Allen $2,000 investment in the company
- Received $7,000 in cash for fees earned previously
- Paid $1,200 to creditors on account
- Paid wages of $6,250
- Received $7,150 from customers on account
- A. Allen withdrawal of $1,750
- Paid telephone bill for $500
- Received hydro bill $ 400 to be paid next month
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