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Terrapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $21,500. 2. Provide services to customers and

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Terrapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $21,500. 2. Provide services to customers and receive cash of $6,100. 3. Pay the current month's rent of $1,200. 4. Purchase office supplies on account for $500. 5. Pay employee salaries of $1,300 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Rent Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 5 Provide services to customers and receive cash of $6,100. Note: Enter debits before credits. Terrapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $21,500. 2. Provide services to customers and receive cash of $6,100. 3. Pay the current month's rent of $1,200. 4. Purchase office supplies on account for $500. 5. Pay employee salaries of $1,300 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Rent Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1 5 Pay the current month's rent of $1,200. Note: Enter debits before credits. Terrapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $21,500. 2. Provide services to customers and receive cash of $6,100. 3. Pay the current month's rent of $1,200. 4. Purchase office supplies on account for $500. 5. Pay employee salaries of $1,300 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Rent Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 123 2 3 Pay employee salaries of $1,300 for the current month. Note: Enter debits before credits. Terrapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $21,500. 2. Provide services to customers and receive cash of $6,100. 3. Pay the current month's rent of $1,200. 4. Purchase office supplies on account for $500. 5. Pay employee salaries of $1,300 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Rent Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 45 Purchase equipment in exchange for cash of $21,500. Note: Enter debits before credits. Terrapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $21,500. 2. Provide services to customers and receive cash of $6,100. 3. Pay the current month's rent of $1,200. 4. Purchase office supplies on account for $500. 5. Pay employee salaries of $1,300 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Rent Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 12 5 Purchase office supplies on account for $500. Note: Enter debits before credits

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