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Zo Sage opened a renovation business called Cranbrook Construction on August 3, 2020. During the first month of operations, the business completed the transactions: i

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Zo Sage opened a renovation business called Cranbrook Construction on August 3, 2020. During the first month of operations, the business completed the transactions: i (Click on the icon to view the transactions.) Required Record each transaction in the journal with an explanation. Identify each transaction by date. Use the following accounts: Cash; Accounts Receivable; Supp Furniture, Land; Accounts Payable; Z.Sage, Capital; Z. Sage, Withdrawals; Service Revenue; Rent Expense; Salaries Expense. Transactions X n by date. the investment. (Rec Aug. 3 Sage deposited a cheque for $42,000 into the business bank account to start the business. 4 Purchased supplies, $340, and furniture, $2,600, on account 5 Paid August rent expense, $1,050 cash. 6 Performed design services for a client and received $1,800 cash. 7 Paid $28.000 cash to acquire land for a future office site 10 Designed a bathroom for a client, billed the client, and received her promise to pay the $3,200 within one week. 14 Paid for the furniture purchased August 4 on account. 15 Paid assistant's salary, $570 cash. 17 Received cash on account $2.500. 22 Received $4,100 cash from a client for renovation of a cottage. 25 Prepared a recreation room design for a client on account, $1,400. 31 Paid assistant's salary, S570 cash. 31 Sage withdrew $4.000 cash for personal use. Ne

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