The Recording Process

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

Instructions

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

Solution

A. Mane
Journal

Most Reading Solutions