Question
URGENT!!!!! XYZ Corp began business on September 1, 2022. During the first month of operations, XYZ completed the following transactions. For each transaction, prepare the
URGENT!!!!!
XYZ Corp began business on September 1, 2022. During the first month of operations, XYZ completed the following transactions. For each transaction, prepare the journal entry in good form. Do not use labels such as Dr, Cr. Do not write column 'headings'. Write ONLY the basic journal entry format: the date, the account names, and the amounts without dollar signs. 1. XYZ purchased $8,000 equipment on September 2, paying $2,500 with the balance on account. 2. On September 2, XYZ Corp paid $6,800 in advance for four months of rent, up to December 31, 2022. 3. On September 9, XYZ completed consulting services for a client, for $4,500. The client paid $1000 cash, with the balance on account. 4. On September 25, paid $2,100 wages to the assistant. 5. On September 29, the client of September 9 paid $2,000 on their account.
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