White & Associates, Inc., completed the following transactions during , its first month of operations: LOADING...(Click the icon to view the transactions.) Requirement 1. Using the steps outlined in the five-step transaction analysis, journalize the transactions of & Associates, Inc. List transactions by date. Use the following accounts: Cash, Accounts receivable, Supplies, Building, Accounts payable, Common stock, Service revenue, Salaries expense, and Rent expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Sep1: Sold 90,000 of common stock to Kelly White to start the business. Journal Entry Date Accounts and Explanations Debit Credit Sep 1 Sold 90,000 of common stock to Kelly White to start the business. 3 Purchased supplies on account, $700. 5 Paid cash for a building to use for storage, $45,000. 6 Performed service for customers and received cash, $2,200. 11 Paid on accounts payable, $300. 18 Performed service for customers on account, $2,400. 24 Received cash from a customer on account, $1,200. Paid the following expenses: salaries, $750, and rent, $1,500.

Homework: Ch 2HW Save Score: 0 of 2 pts 2 of 5 (1 complete) HW Score: 19.5%, 1.95 of 10 pts E2-17A (similar to) Question Help White & Associates, Inc., completed the following transactions during September 2018, its first month of operations: Click the icon to view the transactions.) Requirement 1. Using the steps outlined in the five-step transaction analysis, journalize the transactions of White & Associates, Inc. List transactions by date. Use the following accounts: Cash, Sep 1: Sold $90,000 of common stock to Kelly White to start the business. Journal Entry Accounts and Fynlanations Nate Nebit Credit Choose from any list or enter any number in the input fields and then click Check Answer. ? Requirement 1. Using the steps outlined in the five-step transaction analysis, journalize the transactions of White & Associates, Inc. List transactions by date. Use the following accounts: Cash, Accounts receivable, Supplies, Building, Accounts payable, Common stock, Service revenue, Salaries expense, and Rent expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Sep 1: Sold $90,000 of common stock to Kelly White to start the business. Journal Entry Accounts and Explanations Date Debit Credit Sep 1 Sold $90,000 of common stock to Kelly White to start the business. 3 Purchased supplies on account, $700. 5 Paid cash for a building to use for storage, $45,000. 6 Performed service for customers and received cash, $2,200. 11 Paid on accounts payable, $300. 18 Performed service for customers on account, $2.400. 6 Performed service for customers and received cash, 52,200. 11 Paid on accounts payable, $300. 18 Performed service for customers on account, $2,400. 24 Received cash from a customer on account, $1,200. 30 Paid the following expenses: salaries, $750, and rent, $1,500