Zhi Suna opened a renovation business called Craft Construction on September $3,2023.$ During the first month of operations, the business completed the following transactions:

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Required

Record each transaction in the journal with an explanation. Identify each transaction by date. Use the following accounts: Cash; Accounts Receivable; Supplies; Furniture; Land; Accounts Payable; Z$.$Suna, Capital; Z$.$ Suna, Withdrawals; Service Revenue; Rent Expense; Salaries Expense.

Question content area bottom

Part $1$

Requirement $1.$ Record each transaction in the journal with an explanation, using the account titles provided. Identify each transaction by date.

Start with the September $3$rd transaction. Zhi deposited a cheque for $ $36$ comma $000$ into the business bank account to start the business. Record the investment. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Date

Accounts

Debit

Credit

September $3$

Part $2$

September $4.$ Purchased supplies, $ $300,$ and furniture, $ $3$ comma $200,$ on account. Make a compound entry.

Date

Accounts

Debit

Credit

September $4$

Part $3$

September $5.$ Paid September rent expense, $ $1$ comma $150$ cash.

Date

Accounts

Debit

Credit

September $5$

Part $4$

September $6.$ Performed design service for a client and received $ $1$ comma $600$ cash. Record the transaction.

Date

Accounts

Debit

Credit

September $6$

Part $5$

September $7.$ Paid $ $30$ comma $000$ cash to acquire land for a future office site. Go ahead and record the purchase.

Date

Accounts

Debit

Credit

September $7$

Part $6$

September $10.$ Designed a bathroom for a client, billed the client, and received her promise to pay the $ $3$ comma $200$ within one week.

Date

Accounts

Debit

Credit

September $10$

Part $7$

September $14.$ Paid for the furniture purchased September $4$ on account. Recall that the purchase price was $ $3$ comma $200.$

Date

Accounts

Debit

Credit

September $14$

Part $8$

September $15.$ Paid assistant's salary, $ $650$ cash.

Date

Accounts

Debit

Credit

September $15$

Part $9$

September $17.$ Received cash on account $ $2$ comma $100.$

Date

Accounts

Debit

Credit

September $17$

Part $10$

September $22.$ Received $ $2$ comma $500$ cash from a client for renovation of a cottage$.$

Date

Accounts

Debit

Credit

September $22$

Part $11$

September $25.$ Prepared a recreation room design for a client on account, $ $2$ comma $600.$

Date

Accounts

Debit

Credit

September $25$

Part $12$

September $30.$ Paid assistant's salary, $ $650$ cash. Record the entry.

Date

Accounts

Debit

Credit

September $30$

Part $13$

September $30.$ Zhi withdrew $ $2$ comma $800$ cash, for personal use.

Date

Accounts

Debit

Credit

September $30$