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Tunley began Tunley Office Services in October and during that month completed these transactions: a. Invested $10,000 cash, and $15,000 of computer equipment. b. Paid
Tunley began Tunley Office Services in October and during that month completed these transactions: | ||||||
a. Invested $10,000 cash, and $15,000 of computer equipment. | ||||||
b. Paid $500 cash for an insurance premium covering the next 12 months. | ||||||
c. Completed a word processing assignment for a customer and collected $1,000 cash. | ||||||
d. Paid $200 cash for office supplies. | ||||||
e. Paid $2,000 for October's rent. | ||||||
Prepare journal entries to record the above transactions. Explanations are unnecessary. |
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