Tony Monson opened a law office on January 1, 2018 During the first month of operations, the business completed the ollowing transactions (Click the icon to view the transactions) Read the requirements Requirement 1. Record each transaction in the journal, using the following account ties: Cash Accounts Receivab: Cffice Supplies Prepaid Insurance Land, Building Furniture: Accounts Payable; Utities Payable; Notes Payable; Comman Stock; Diwidds Service Revenue Salaries Expense, Rent Expense, and Utlities Expense. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Jan. 1: Monson contributed $61,000 cash to the business, Tony Monson, Attorney. The business issued common stock to Monson. More Info Date Accounts Debit Credit Jan. 1 Jan 1 Manson contributed $61,000 cash to the business, Tony Monson, Attorney The business issued common stock to Monson. 3 Purchased office supplies, $550, and furriture, $1,600, on accourl. 4 Performed legal services for a client and received $1,400 cash Purchased a building witn a market value ot $100 doo, and land with a market vaue of S21 ,000. The business paid $20,000 cash and signed note pyable to lhe bank for the rermaining amount 11 Prepared legal documents for a dlient on account $1,DDO 15 Paid ass stant's semimonthly salary, $1,10 16 Paid for the office supplies purchsed on January 3 on ccount. 18 Received S2.000 cash for helping client sell real estate. 19 Defended a client in court and billed the cigt for $700 25 Rcceved a bill for utilities, $450 The bill will be paid next month 29 Receved cash on eccount, $1,1DD 30 Paid S960 cash for a 12-month insurance policy starting on February 1 30 Paid assistant's semimonthly salary, S1,170 31 Paid monthly rent expense, $1,900 1 Paid cash dividends of $2,000 Choose from any list or enter any number in the input fields and then click Check Answer. 45 Pemaning Clear All