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Tamarisk Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. ( If no entry is required,
Tamarisk Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. If no entry is required, select No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.
Aug. Invested $ cash and $ of equipment in the business.
Purchased supplies on account for $Debit asset account.
Performed services for clients, for which $ was collected in cash and $ was billed to the clients.
Paid August rent $
Counted supplies and determined that only $ of the supplies purchased on August are still on hand.
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