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Transactions Aug. 1 3 5 COA Mikaela Mundt invested $2,400.00 of her own money in the business. Receipt No. 1. Used business cash to purchase
Transactions Aug. 1 3 5 COA Mikaela Mundt invested $2,400.00 of her own money in the business. Receipt No. 1. Used business cash to purchase supplies costing $219.00. Wrote Check No. 1. 4 Wrote Check No. 2 for insurance, $250.00. 5 Purchased supplies for $72.00 over the phone from Southern Supplies, promising to send the check next week. Memo No. 1 11 Sent Check No. 3 to Southern Supplies, $72.00 12 Sent a check for the electricity bill, $200.00. Check No. 4. 15 Wrote $840.00 check to Ms. Mundt as a withdrawal of equity for personal use. Used Check No. 5. 16 Sold services for $418.00 to J. Lepowsky, who agreed to pay for them within ten days. Sales Invoice No. 1 17 Recorded cash sales of $1,239.00. Calculator tape dated March 17. 117. 18 Paid $148.00 for advertising. Wrote Check No. 6. 25 Received $418.00 from J. Lepowsky for the services performed last week. Wrote PAGE 1 JOURNAL DATE ACCOUNT TITLE DOC. NO. POST. REF. GENERAL DEBIT CREDIT CASH SALES CREDIT 1 DEBIT 1 CREDIT 1 2 3 2 3 4 3 4 5 5 11 $ 6 12 7 15 8 16 8 9 17 9 10 18 10 11 25 11 12 12
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