Question

Diane Bernick has opened Bernick’s Consulting. Journalize the following transactions that occurred during January of the current year. Use the following journal pages: January 1—10, page 1, and January 11—29, page 2. Use the following chart of accounts:

.:.
311 Diane Bernick, Capital
312 Diane Bemick, Drawing
Jan. 1 Bernick invested cash in the business, $12,000.
2 Paid of lice rent, $750.
3 Purchased office equipment on account, $1,300.
5 Received cash for services rendered, $950.
8 Paid telephone bill, $85.
10 Paid for a magazine subscription (miscellaneous expense), $20.
11 Purchased office supplies on account, $250.
15 Made a payment on account (sec Jan. 3 transaction), $200.
18 Paid part-time employee, $600.
21 Received cash for services rendered, $800.
25 Paid utilities bill, $105.
27 Bernick withdrew cash for personal use, $400.
29 Paid part-time employee, $600.



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  • CreatedJune 07, 2014
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