Youth Spa is a sole proprietorship owned by Michelle Bailey. The company provides a relaxing retreat for people wishing to relax and unwind. During the month of December 2018, the following transactions took place.

Dec 2	Borrowed $5,000 cash from the bank.
Dec 3	Purchased equipment for $4,000 cash.
Dec 6	Provided services to a customer and received cash of $2,290.
Dec 8	Paid salaries for the month with $1,720 cash.
Dec 10	Provided services to a customer on account worth $5,910.
Dec 11	Collected $1,530 cash from customers owing on account.
Dec 13	Paid $540 cash to reduce the amount owed to a supplier.
Dec 15	Received the telephone bill for $280 which will be paid later.
Dec 17	Paid a portion of the bank loan principle with $1,000 cash.
Dec 26	Received the maintenance bill for $2,090 which will be paid later.

Prepare the journal entries for the above transactions. Do not enter dollar signs or commas in the input boxes.

Date	Account Title and Explanation	Debit	Credit
2018
Dec 2	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	To record borrowing of funds from bank
Dec 3	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	Bought equipment
Dec 6	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	To record cash sales
Dec 8	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	To record salaries for the month
Dec 10	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	To record amounts owing from customers
Dec 11	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	Collect cash on account
Dec 13	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	Paid amount owing to suppliers
Dec 15	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	To record the receipt of the telephone bill
Dec 17	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	To record the partial payment of the bank loan
Dec 26	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAdvertising ExpenseCashEquipmentInsurance ExpenseMaintenance ExpenseNotes PayablePrepaid InsurancePrepaid RentRent ExpenseSalaries ExpenseService RevenueTelephone ExpenseTravel ExpenseUnearned Revenue		Answer
	To record the receipt of the maintenance bill