Wrona & Associates, Inc., completed the following transactions during November 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 Wrona & 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.) Nov 1: Sold $65,000 of common stock to Karen Wrona to start the business. Journal Entry Accounts and Explanations Date Debit Credit Nov Nov 3: Purchased supplies on account, $200. Journal Entry Accounts and Explanations Date Debit Credit Nov Nov 5: Paid cash for a building to use for storage, $28,000. Wrona & Associates, Inc., completed the following transactions during November 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 Wrona & 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.) Nov 5: Paid cash for a building to use for storage, $28,000. Journal Entry Accounts and Explanations Date Debit Credit Nov Nov 6: Performed service for customers and received cash, $1,600. Journal Entry Accounts and Explanations Date Debit Credit Nov Nov 11: Paid on accounts payable, $150. Journal Entry Accounts and Explanations Date Debit Credit Wrona & Associates, Inc., completed the following transactions during November 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 Wrona & 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.) Nov 11: Paid on accounts payable, $150. Journal Entry Accounts and Explanations Date Debit Credit Nov Nov 18: Performed service for customers on account, $2,200. Journal Entry Accounts and Explanations Date Debit Credit Nov Nov 24: Received cash from a customer on account, $700. Wrona & Associates, Inc., completed the following transactions during November 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 Wrona & 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.) Nov 24: Received cash from a customer on account, $700. Journal Entry Accounts and Explanations Date Debit Credit Nov Nov 30: Paid the following expenses: salaries, $600, and rent, $1,800. Make a compound entry. Journal Entry Accounts and Explanations Date Debit Credit Nov X More Info Nov 1 Sold $65,000 of common stock to Karen Wrona to start the business. 3 Purchased supplies on account, $200. 5 Paid cash for a building to use for storage, $28,000. 6 Performed service for customers and received cash, $1,600. 11 Paid on accounts payable, $150. 18 Performed service for customers on account, $2,200. 24 Received cash from a customer on account, $700. 30 Paid the following expenses: salaries, $600, and rent, $1,800. Print Done