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Tomas owns an insurance office, while Lesley operates a maintenance service that provides basic custodial duties. For the month of May, the following transactions
Tomas owns an insurance office, while Lesley operates a maintenance service that provides basic custodial duties. For the month of May, the following transactions occurred. May 2 Lesley decides that, she will need insurance for a one-day special event at the end of the month and pays Tomas $278 in advance. May 5 Lesley provides maintenance services to Tomas's insurance offices on account, $410. May 7 Tomas borrows $470 from Lesley by signing a note. May 14 Lesley purchases maintenance supplies from Tap Corporation, paying cash of $185. May 19 Tomas pays $410 to Lesley for maintenance services provided on May 5. May 25 Tomas pays the utility bill for the month of May, $132. May 28 Lesley receives insurance services from Tomas equaling the amount paid on May 2. May 31 Tomas pays $470 to Lesley for money borrowed on May 7. Required: Record each transaction for Tomas's insurance Services. Keep in mind that Tomas may not need to record all transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 Lesley decides that she will need insurance for a one-day special event at the end of the month and pays Tomas $270 in advance. Note: Enter debits before credits Date May 02 General Journal Debit Credit
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