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Required information [The following information applies to the questions displayed below.] The following transactions occur for the Wolfpack Shoe Company during the month of June:
Required information [The following information applies to the questions displayed below.] The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $21,000 and receive cash. b. Purchase office supplies on account for $11.000. c. Pay $5,200 in salaries to employees for work performed during the month. 2. Record the transactions. The company uses the following accounts: Cash, Supplies, Accounts Payable, Salar Expense, and Service Revenue. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Provide services to customers for $21,000 and receive cash. Note: Enter debits before credits. Transaction a General Journal Debit Credit View general journal Clear entry Record entry > View transaction list Journal entry worksheet < 1 2 3 Purchase office supplies on account for $11,000. Note: Enter debits before credits. Transaction b. General Journal Debit Credit View transaction list Journal entry worksheet < 1 2 3 3 Pay $5,200 in salaries to employees for work performed during the month. Note: Enter debits before credits. Transaction C General Journal Debit Credit Required information [The following information applies to the questions displayed below.] The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $21,000 and receive cash. b. Purchase office supplies on account for $11,000. c. Pay $5,200 in salaries to employees for work performed during the month. 3. Post the transactions to T-accounts. Assume the opening balance in each of the accounts is zero. Beg Bal Cash Beg Bal End. Bal 0 End Bal Supplies Beg Bal Beg Bal End Bal 0 Salaries Expense Beg Bal End Bal 0 End Bal Service Revenue Accounts Payable 0
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