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eneral Journal Entries (30 points) 2. Gen al journal entries to record these transactions. Larry Matt completed these during December of the current year: are
eneral Journal Entries (30 points) 2. Gen al journal entries to record these transactions. Larry Matt completed these during December of the current year: are general jou sactions during Dec Regan a financial services practice by investing $15,000 cash and office equipment having a $5,000 value. Purchased $1,200 of office equipment on credit Purchased $300 of office supplies on credit Completed work for a client and immediately received a payment of $900 cash Completed work for Precept Paper Co. on credit, $1,700. Paid for the supplies purchased on credit on December 3. Paid for the annual $960 premium on an insurance policy. Received payment in full from Precept Paper Co. for the work completed on December 8. Larry withdrew $650 cash from the practice to pay personal expenses. Paid $175 cash for the December utility bills. 30 Received $2,000 from a client for financial services to be rendered next yer P.R. Debit Date Account Titles and Explanation General Journal Entries (30 points) em 2. Gener sal journal entries to record these transactions. Larry Matt completed the ons during December of the current year: nepare genere fransactions Began a financial services practice by investing $15,000 cash and office equipment having a $5,000 value. 200 of office equipment on credit. Purchased $300 of office supplies on credit Completed work for a client and immediately received a payment of cash Completed work for Precept Paper Co. on credit, $1,700. Paid for the supplies purchased on credit on December 3. Paid for the annual $960 premium on an insurance policy Received payment in full from Precept Paper Co. for the work completed on December 8. Larry withdrew $650 cash from the practice to pay personal expenses Paid $175 cash for the December utility bills. Received $2.000 from a client for financial services to be rendered next yer Debit P.R. Account Titles and Explanation Date
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