Vaughn Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) Aug 2 7 12 15 19 Invested $11,290 cash and $2,740 of equipment in the business. Purchased supplies on account for $450. (Debit asset account.) Performed services for clients, for which $1,303 was collected in cash and $689 was billed to the clients. Paid August rent $634. Counted supplies and determined that only $263 of the supplies purchased on August 7 are still on hand.

Vaughn Repair Shop had the following transactions during the first month of business as a proprietorship. Joumalize the transactions. (If no entry is required, select "No entry" for the account titles and enter Ofor the amounts: Credit account titles are outomatically indented when amount is entered. Do not indent manualiy. List all debit entries before credit entries) Aue 2 Invested $11.290 cash and $2,740 of equipment in the business. 7 Purchased supplies on account for $450. (Debit asset account) 12 Performed services for clients, for which $1,303 was collected in cash and $689 was billed to the clients. 15 Paid August rent $634. 19 Counted supplies and determined that only $263 of the supplies purchased on August 7 are still on hand