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These are the recent transactions that took place at Hoth Gelato Enterprises, a company renowned in the galaxy for its icy treats: Started business by
These are the recent transactions that took place at Hoth Gelato Enterprises, a company renowned in the galaxy for its icy treats:
Started business by issuing shares of common stock for $
Leased a building for three years at $ per month and paid six months' rent in advance.
Purchased equipment by signing a note with the bank for $
Purchased $ of supplies on account.
Recorded cash sales of $ for the first week.
Paid weekly salaries, $
Paid for supplies purchased in item
Recorded depreciation on equipment, $
Required:
Prepare journal entries to record each of the transactions listed above.
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field.
Journal entry worksheet
table
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