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Record the transactions in the general journal and post them to the appropriate ledger accounts. Four transactions for Automotive Maintenance and Repair Shop that took

Record the transactions in the general journal and post them to the appropriate ledger accounts. image text in transcribed
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Four transactions for Automotive Maintenance and Repair Shop that took place in November 201 appear below. DATE TRANSACTION Novenber 1 Ryan 0'Malley invested $53,000 in cash plus tools with a fair market value of $1,890 to start the business. November 2 Purchased equipment for $2,030 and supplies for $530 from Automotive Maintenance and Repair 5 hop, Invoice 501 i issued Check 100 for $680 as a down payment with the balance due in 30 days. November 10 Performed services for Patricia Reed for $2,700, who paid $900 in cash with the batance due in 30 days. November 20 Purchased machinery for $3,800 from Carter Equipment Company, Invoice 709; 1550ed Check 101 for $1,460 in cash as a down payment with the batance due in 30 days. Record the transactions in the general journal and post them to the appropriate ledger accounts. Analyze: What liabilities does the business owe as of November 30 ? Complete this question by entering your answers in the tabs below. Record the above transactions in the general journal. Journal entry worksheet Ryan O'Malley invested $53,000 in cash plus tools with a fair market value of $1,800 to start the business. Note: Enter debits before credits

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