The Recording Process

Selected transactions for A. Mane, an interior decorator, in her first month of business, are as follows:
Jan. 2Invested $10,000 cash in the business
3Purchased used car for $3,000 cash for use in business.
9Purchased supplies on account for $500.
11Billed customers $2,400 for services performed.
16Paid $350 cash for advertising.
20Received $700 cash from customers billed on January 11
23Paid creditor $300 cash on balance owed.
28Withdrew $1,000 cash for personal use by owner.

Instructions

Journalize the transactions using journal page J1. (You may omit explanations.)

Solution

A. Mane
Journal
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