A. Purchased new equipment for $4,700 by issuing a check for $3,000 as a down payment...

 

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A. Purchased new equipment for $4,700 by issuing a check for $3,000 as a down payment with the balance due in 30 days B. Returned damaged supplies and received an $150 cash refund. C. Purchased supplies for $400 on account. D. Provided services for $7,800 on credit. E. Issued a check for $1,100 to pay a creditor on account. F. Issued checks for $4,400 to pay the employees their monthly salaries. G. Issued a check for $500 to pay the monthly telephone bill. Determine the accounts and amounts to be debited and credited for the above transactions for Madison's Clock Repair. View transaction list Journal entry worksheet 2 3 4 5 6 7 Purchased new equipment for $4,700 by issuing a check for $3,000 as a down payment with the balance due in 30 days. < 1 2 3 4 5 6 7 Purchased new equipment for $4,700 by issuing a check for $3,000 as a down payment with the balance due in 30 days. Note: Enter debits before credits. Transaction A General Journal Debit Credit Record entry Clear entry View general journal A. Purchased new equipment for $4,700 by issuing a check for $3,000 as a down payment with the balance due in 30 days B. Returned damaged supplies and received an $150 cash refund. C. Purchased supplies for $400 on account. D. Provided services for $7,800 on credit. E. Issued a check for $1,100 to pay a creditor on account. F. Issued checks for $4,400 to pay the employees their monthly salaries. G. Issued a check for $500 to pay the monthly telephone bill. Determine the accounts and amounts to be debited and credited for the above transactions for Madison's Clock Repair. View transaction list Journal entry worksheet 2 3 4 5 6 7 Purchased new equipment for $4,700 by issuing a check for $3,000 as a down payment with the balance due in 30 days. < 1 2 3 4 5 6 7 Purchased new equipment for $4,700 by issuing a check for $3,000 as a down payment with the balance due in 30 days. Note: Enter debits before credits. Transaction A General Journal Debit Credit Record entry Clear entry View general journal