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The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired $49,000 cash from the issue of

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The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired $49,000 cash from the issue of common stock. Feb. 1 Paid rent for office space for two years, $15,600 cash. Apr. 10 Purchased $790 of supplies on account. July 1 Received $27,500 cash in advance for services to be provided over the next year. 20 Paid $593 of the accounts payable from April 10. Aug. 15 Billed a customer $9,200 for services provided during August. Sept. 15 Completed a job and received $3,200 cash for services rendered. Oct. 1 Paid employee salaries of $31,000 cash. 15 Received $8,200 cash from accounts receivable. Nov. 16 Billed customers $31,500 for services rendered on account. Dec. 1 Paid a dividend of $1,000 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,350 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $60 was on hand at the end of the period. Required a. Record the preceding transactions in the general journal, In the given order. (Do not round Intermediate calculation Round your final answers to the nearest whole dollar amount. If no entry is required for a transaction/event, select Journal entry required" in the first account field.) View transaction list Journal entry worksheet Established the business when it acquired $49,000 cash from the issue of common stock. Note: Enter debits before credits Date General Journal Debit Crodit Jan 30 Required information View transaction list of 6 Journal entry worksheet oped Journal entry worksheet boy Completed a job and received $3,200 cash for services rendered. os Note: Enter debits before credits. Data General Journal Debit Credit Sep 15 Record entry Clear entry View general journal View transaction list 16 Journal entry worksheet bed Paid employee salaries of $31,000 cash. ook nt ences Note: Enter debits before credits Date General Joumal Debit Credit Oct 01 Record entry Clear entry View general Journal View transaction list Journal entry worksheet 8 10 11 12 13 14 on Received $8,200 cash from accounts receivable. Note: Enter debits before credits. Date General Journal Debit Credit Oct 15 Record entry Clear entry View general journal Journal entry worksheet Billed customers $31,500 for services rendered on account. Note: Enter debits before credits. Dato General Journal Debit Credit Nov 16 Record entry Clear entry View general journal Journal entry worksheet 15 Adjusted records to recognize the services provided on the contract of July 1. K t mices Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Journal entry worksheet 1 ... 8 910 11 12 8 14 15 Recorded $2,350 of accrued salaries as of December 31. Note: Enter debits before credits. Dato General Journal Dobit Credit Dec 31 Record entry Clear entry View general journal Required information Journal entry worksheet Recorded the rent expense for the year. (See February 1.) Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Journal entry worksheet 1 ..... 8 9 10 11 12 13 14 15 A Physically counted supplies; $60 was on hand at the end of the period. Note: Enter debits before credits. Date General Journal Dobit Credit Dec 31 Record entry Clear entry View general journal

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