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The following transaction occurred for Flory Bake Shop in July: table [ [ July , 1 , table [ [ The business received
The following transaction occurred for Flory Bake Shop in July:
tableJulytableThe business received a $ cash investment from Flory Fortun to start the Flory BakeShopPaid advertising expense of Purchased equipment on account for $Received cash sales amounting to Paid rent expense of $Performed services for a client on account, $Paid $ for the July purchase on accqunt.tableThe business collects $ from the client, as partial payment for the services performedon July The owner withdrew $ cash from the business for personal use.
Record the above transactions including explanations in the journal below. Use the following accounts in your joumal entries: Cash, Accounts Receivable, Equipment, Accounts Payable, F Fortun Capital,
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