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Selected transactions for M. Anderson, an interior decorator, in her first month of business (January, 2013), are as follows. January 2. Invested $10,000 cash in

Selected transactions for M. Anderson, an interior decorator, in her first month of business (January, 2013), are as follows.

January 2. Invested $10,000 cash in business.

3. Purchased used car for $4,000 cash for use in business.

9. Purchased supplies on account for $500.

11. Billed customers $2,100 for services performed.

16. Paid $350 cash for advertising.

20. Received $700 cash from customers billed on January 11.

23. Paid creditor $300 cash on balance owed.

28. Withdrew $1,000 cash for personal use by owner.

Instructions

(a) Journalize the transactions.

(b) Open ledger accounts and post the transactions

(c) Calculate the balance of the ledger accounts

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