Recording transactions in general journal

Enter the following transactions in the two-column journal below of Action Annex, Inc. You may omit explanations.

June 2 Collected an account receivable of $331 from Marshall & Associates.

5 Borrowed $135,000 from Chase Bank by signing a 90-day note payable

9 Issued a check for $740 in full payment of an account payable to Sun, Inc.

12 Issued shares of capital stock in exchange for $42,000 cash

15 Purchased office equipment from Bohn Brothers for $27,000; paid $5,000 cash and issued note payable for the balance.

21 Purchased office supplies from Maple Street Supply for $348 on account.

The worksheet above is presented for illustration only.

June 2 entries will be entered in boxes 1-4 below.

June 5 entries will be entered in boxes 5-8 below.

June 9 entries will be entered in boxes 9-12 below.

June 12 entries will be entered in boxes 13-16 below.

June 15 entries will be entered in boxes 17-22 below.

June 21 entries will be entered in boxes 23-26 below.

Please note that ACCOUNT TITLES go in the odd-numbered boxes. DO NOT abbreviate or it will be counted as wrong.

Also, AMOUNTS go in the even-numbered boxes. Remember to put the commas where they belong, DO NOT put dollar signs, and enter whole numbers only - no decimals with zeroes - or it will be counted as wrong.

June 2 transaction:

1 Debit Acct 2 Debit Amount

3 Credit Acct 4 Credit Amount

June 5 transaction:

5 Debit Acct 6 Debit Amount

7 Credit Acct 8 Credit Amount

June 9 transaction:

9 Debit Acct 10 Debit Amount

11Credit Acct 12Credit Amount

June 12 transaction:

13Debit Acct 14Debit Amount

15Credit Acct 16Credit Amount

June 15 transaction:

17Debit Acct 18Debit Amount

19CreditAcct1 20CreditAmt1

21CreditAcct2 22CreditAmt2

June 21 transaction:

23 Debit Acct 24 Debit Amount

25 Credit Acct 26 Credit Amount