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Required information [The following information applies to the questions displayed below.) Below are the transactions for Ute Sewing Shop for March, the first month of
Required information [The following information applies to the questions displayed below.) Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $1,500. March 3 Purchase sewing equipment by signing a note with the local bank, $1,200. March 5 Pay rent of $450 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $650. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $550 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $80 for the current period. March 31 Pay dividends of $75 to stockholders. Required: 1. Record each transaction. (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 Issue common stock in exchange for cash of $1,500. Note: Enter debits before credits. General Journal Debit Credit Date March 01 Record entry View general journal Clear entry Required information The following information applies to the questions displayed below.] Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $1,500. March 3 Purchase sewing equipment by signing a note with the local bank, $1,200. March 5 Pay rent of $ 450 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $650. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $550 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $80 for the current period. March 31 Pay dividends of $75 to stockholders. Required: 1. Record each transaction. (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 Purchase sewing equipment by signing a note with the local bank, $1,200. Note: Enter debits before credits. General Journal Debit Credit Date March 03 Record entry View general journal Clear entry Required information [The following information applies to the questions displayed below.) Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $1,500. March 3 Purchase sewing equipment by signing a note with the local bank, $1,200. March 5 Pay rent of $450 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $650. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $550 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $80 for the current period. March 31 Pay dividends of $75 to stockholders. Required: 1. Record each transaction. (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 Pay rent of $450 for March. Note: Enter debits before credits. General Journal Debit Credit Date March 05 Record entry View general journal Clear entry Required information [The following information applies to the questions displayed below.) Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $1,500. March 3 Purchase sewing equipment by signing a note with the local bank, $1,200. March 5 Pay rent of $450 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $650. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $550 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $80 for the current period. March 31 Pay dividends of $75 to stockholders. Required: . Record each transaction. (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 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. Note: Enter debits before credits. General Journal Debit Credit Date March 07 Record entry View general journal Clear entry Required information [The following information applies to the questions displayed below.] Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $1,500. March 3 Purchase sewing equipment by signing a note with the local bank, $1,200. March 5 Pay rent of $450 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $650. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $550 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $80 for the current period. March 31 Pay dividends of $75 to stockholders. Required: 1. Record each transaction. (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 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. Note: Enter debits before credits. General Journal Debit Credit Date March 12) Record entry View general journal Clear entry Required information [The following information applies to the questions displayed below.) Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $1,500. March 3 Purchase sewing equipment by signing a note with the local bank, $1,200. March 5 Pay rent of $450 for March March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $650. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $550 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $80 for the current period. March 31 Pay dividends of $75 to stockholders. Required: . Record each transaction. (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 Ute delivers altered dresses to Martha and receives $650. Note: Enter debits before credits. General Journal Debit Credit Date March 15/ Record entry View general journal Clear entry View transaction list Journal entry worksheet Ute delivers 10 altered business suits to Bob. Note: Enter debits before credits. General Journal Debit Credit Date March 25 Record entry View general journal Clear entry View transaction list Journal entry worksheet Note: Enter debits before credits. General Journal Debit Credit Date March 30 Record entry View general journal Clear entry Prey 1 of 1 View transaction list Journal entry worksheet
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