Question
Use the following information for the Exercises below. Skip to question [The following information applies to the questions displayed below.] Here are selected transactions of
Use the following information for the Exercises below. Skip to question [The following information applies to the questions displayed below.] Here are selected transactions of the Castillo Shipping Service. DATE TRANSACTIONS March 1, 20X1 The owner made an additional investment of $51,200 in cash. March 2, 20X1 Purchased supplies for $5,850 on credit. March 3, 20X1 Issued a check for $5,700 to pay the monthly rent. March 4, 20X1 Provided services for $8,760 on credit. March 5, 20X1 Performed services for $19,850 in cash. March 6, 20X1 Issued a check for $4,050 to pay a creditor on account. March 7, 20X1 Purchased new equipment for $11,000 and paid for it immediately by check. March 8, 20X1 Collected $6,460 from credit customers. March 9, 20X1 Sent a check
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Here are selected transactions of the Castillo Shipping Service. DATE TRANSACTIONS March 1, 20X1 The owner made an additional investment of $51,200 in cash. March 2, 20X1 Purchased supplies for $5,850 on credit. March 3, 20X1 Issued a check for $5,700 to pay the monthly rent. March 4, 20X1 Provided services for $8,760 on credit. March 5, 20X1 Performed services for $19,850 in cash. March 6,201 Issued a check for $4,050 to pay a creditor on account. March 7, 20X1 Purchased new equipment for $11,000 and paid for it immediately by check. March 8,201 collected $6,460 from credit customers. March 9, 20X1 Sent a check for $1,495 to the utility company to pay the monthly bill. March 10, 20X1 Gave a cash refund of $1,045 to a customer because of a lost package (the customer previously paid in (ash). The owner made an additional investment of $51,200 in cash. Note: Enter debits before credits. Prepare journal entrles for the transactions Incurred durlng March of 20XStep by Step Solution
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