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Selected transactions for M. Lily, an interior decorator, in her first month of business, are as follows. Jan. 2Invested $14,700cash in business. 3Purchased used car
Selected transactions for M. Lily, an interior decorator, in her first month of business, are as follows.
Jan. 2Invested $14,700cash in business.
3Purchased used car for $4,410cash for use in business.
9Purchased supplies on account for $735.
11Billed customers $3,528for services performed.
16Paid $515cash for advertising
.20Received $1,029cash from customers billed on January 11.
23Paid creditor $441cash on balance owed.
28Withdrew $1,470cash for personal use by owner.
Transactions has to be journalized
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