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Taylor Smith is a singer who has experienced international success in her career. On May 1, 2020. Taylor started her business, Glitter and Gold Studio,

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Taylor Smith is a singer who has experienced international success in her career. On May 1, 2020. Taylor started her business, Glitter and Gold Studio, where she teaches singing The following activities occurred during July, the third month of operations: July 1 Purchased supplies including sheet music on credit for $200. 2 Collected $8,000 in advance for singing to soms to be delivered in August 3 Collected $4,000 for teaching singing lessons in July, 4 paid $5,000 to rent her music studio for the month of July. 5 paid $950 for supplies purchased on account last month. 15 Taylor Saith withdrew cash of $900 to do some personal shopping on the weekend 20 Paid her assistant wages of $1,900 31 Purchased new microphone equipent on credit for $1,300. Required: 1. Prepare journal entiles to record the July transactions, View transaction is Journal entry worksheet Record purchase or supplies on account: $200. Entree Credits Dale General Journal Debat Credit

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