Instructions: Below are the November transactions for Carlos Tele Clock Repair Store. Record the transactions in...
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Instructions: Below are the November transactions for Carlos Tele Clock Repair Store. Record the transactions in the general journal form. Invested $7,000 cash and equipment with a book value of $2,800. Paid first month's rent, $700. Cash repairs, $1,400. Nov. 1 3 5 7 8 8 11 12 15 17 19 21 22 25 26 29 Purchased supplies on account, $325. Repaired a grandfather clock on account, $900. Paid wages, $275. Purchased equipment, $550 cash. Cash repairs, $3,700. Purchased equipment on account, $400. Paid for advertising, $325. Withdrew $500 for personal expenses. Received $500 on account from Jan. 8 transaction. Paid wages, $325. Cash repairs, $3,400. Paid $400 on account from Jan. 15 transaction. Repaired a clock on account, $345. Instructions: Below are the November transactions for Carlos Tele Clock Repair Store. Record the transactions in the general journal form. Invested $7,000 cash and equipment with a book value of $2,800. Paid first month's rent, $700. Cash repairs, $1,400. Nov. 1 3 5 7 8 8 11 12 15 17 19 21 22 25 26 29 Purchased supplies on account, $325. Repaired a grandfather clock on account, $900. Paid wages, $275. Purchased equipment, $550 cash. Cash repairs, $3,700. Purchased equipment on account, $400. Paid for advertising, $325. Withdrew $500 for personal expenses. Received $500 on account from Jan. 8 transaction. Paid wages, $325. Cash repairs, $3,400. Paid $400 on account from Jan. 15 transaction. Repaired a clock on account, $345.
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