Selected transactions for Sheffield Corp., an interior decorating firm, in its first month of business, are as follows.

Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Exercise 2-03 Selected transactions for Sheffield Corp., an interior decorating firm, in its first month of business, are as follows. Jan. 2 3 9 11 Stockholders invested $16,161 cash in the business in exchange for common stock. Purchased used car for $8,835 cash for use in the business. Purchased supplies on account for $539. Billed customers $1,939 for services performed. Paid $215 cash for advertising. Received $840 cash from customers billed on January 11. Paid creditor $323 cash on balance owed. Declared and paid a $539 cash dividend. 16 20 23 28 Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit