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Tower Window Cleaners had the following transactions during September, 2022. Prepare the appropriate journal entries in good form in the journal provided. The company made
Tower Window Cleaners had the following transactions during September, 2022.
Prepare the appropriate journal entries in good form in the journal provided.
- The company made payments of $1,300 on September 3rd for amounts owed to vendors.
- Paid employees $4,000 on September 5, of which $1,900 was accrued at the end of August.
- On September 10, the company paid $7,200 for 4 months of rent on a new lease. The new lease begins on October 1.
- Purchased supplies, for $725 cash, on September 15th.
- Invoices were mailed to customers on September 20 for services provided on September 19. The invoices totaled $6,750.
- Payments from customers were received and deposited on September 24. The total deposit was $2,900.
- New equipment was purchased on September 28 for $14,500 with a check for $1,000 and the remainder on account.
- A check of $2,000 was written and distributed to the owner on September 29th.
Date Explanation DEBIT CREDIT Problem 1
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