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Wildhorse Ltd. has the following selected transactions: Issued common shares to shareholders in exchange for $7,200. Paid rent in advance for two months, $3,000. Paid
Wildhorse Ltd. has the following selected transactions:
- Issued common shares to shareholders in exchange for $7,200.
- Paid rent in advance for two months, $3,000.
- Paid administrative assistant $700 salary.
- Billed clients $1,700 for services provided.
- Received $1.300 in partial payment from clients for services provided in item 4 above
- Purchased $700 of supplies on account..
- Paid supplier amount owing on account, $700.
- Borrowed $1,400 cash from the bank to purchase equipment
Journalize the transactions for Wildhorse Ltd. (list all debit entries before credit entries. Credit account titles shiuld be automatically indented when the amount is entered. if no entrybis required, indicate "no entry" for account titles and enter 0 for the amounts.)
Wildhorse Ltd. has the following selected transactions:
- Issued common shares to shareholders in exchange for $7,200.
- Paid rent in advance for two months, $3,000.
- Paid administrative assistant $700 salary.
- Billed clients $1,700 for services provided.
- Received $1.300 in partial payment from clients for services provided in item 4 above
- Purchased $700 of supplies on account..
- Paid supplier amount owing on account, $700.
- Borrowed $1,400 cash from the bank to purchase equipment
Journalize the transactions for Wildhorse Ltd. (list all debit entries before credit entries. Credit account titles shiuld be automatically indented when the amount is entered. if no entrybis required, indicate "no entry" for account titles and enter 0 for the amounts.)
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