Selected transactions for Tina Cordero Company during its

first month in business are presented below.

Sept. 1 Invested $20,000 cash in the business.

5 Purchased equipment for $24,000 paying $5,000 in cash and the balance on

account.

25 Paid $6,000 cash on balance owed for equipment.

30 Withdrew $1,000 cash for personal use.

Requirements:

(i) Journalize (enter the records) the transactions data in the General Journal.

(ii) Post the information in the General Ledger (Cash only).

Selected transactions for Tina Cordero Company during its first month in business are presented below. Sept. 1 Invested $20,000 cash in the business. 5 Purchased equipment for $24,000 paying $5,000 in cash and the balance on account. 25 Paid $6,000 cash on balance owed for equipment. 30 Withdrew $1,000 cash for personal use. Requirements: (i) Journalize (enter the records) the transactions data in the General Journal. (ii) Post the information in the General Ledger (Cash only)