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Sun Devil Hair Design has the following transactions during the month of February February 2 Pay $510 for radio advertising for February February 7 Purchase
Sun Devil Hair Design has the following transactions during the month of February February 2 Pay $510 for radio advertising for February February 7 Purchase beauty supplies of $1,110 on account February 14 Provide beauty services of $1,950 to customers and receive cash February 15 Pay employee salaries for the current month of $710. February 25 Provide beauty services of $810 to customers on account February 28 Pay utility bill for the current month of $110, Required: Record each transaction. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account feld) View transaction list Journal entry worksheet 1 2 3 4 5 6 Pay $510 for radio advertising for February Note Enter debts before credit General Journal Debit Credit Date February 02 Record entry Clear entry View general journal Required information [The following information applies to the questions displayed below! Below are several transactions for Scarlet Knight Corporation. A Junior accountant, recently employed by the company, proposes to record the following transactions External Transaction Accounts Debat Credit 1. Owners Invest $11,500 in the company and receive common stock Common Stock 11,500 Cash 11,500 2. Receive cash of $3,300 for services provided in the current period. Cash Service Revenue 3,300 3,300 3. Purchase office supplies on account, $230. 230 Supplies Cash 230 4. Pay $530 for next month's rent 530 Rent Expense Cash 530 1,850 5. Purchase office equipment with cash of $1,850 Cash Equipment 1.850 Required: 1. Assess whether the proposed entries are correct or incorrect External Transaction 1 2 3 4 5
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