Mahmood establishing his photography studio December 1, 2021. During the first month of operations, the following...

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Mahmood establishing his photography studio December 1, 2021. During the first month of operations, the following transactions occurred : Dec 1 Mahmood invested $25,000 cash in his business. Paid office rent for the month $2,300. Performed services worth $3,800; $2,000 cash is received from customers and the balance is billed to customers on account. 9. Purchased supplies on account for $1,100 from Digital Shot Company. 15 Received $3,500 cash advance from customer for photography services. 20 Received $1,000 cash from customers billed on Dec 5. 28 Paid $680 to Digital Shot Company for accounts payable due. REQUIRED: Prepare journal entries to record each transaction occurred during December 2021. [6 Marks] Mahmood establishing his photography studio December 1, 2021. During the first month of operations, the following transactions occurred : Dec 1 Mahmood invested $25,000 cash in his business. Paid office rent for the month $2,300. Performed services worth $3,800; $2,000 cash is received from customers and the balance is billed to customers on account. 9. Purchased supplies on account for $1,100 from Digital Shot Company. 15 Received $3,500 cash advance from customer for photography services. 20 Received $1,000 cash from customers billed on Dec 5. 28 Paid $680 to Digital Shot Company for accounts payable due. REQUIRED: Prepare journal entries to record each transaction occurred during December 2021. [6 Marks]

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