The Boa Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts
Question:
Journalize the following selected transactions for October 2007 in a two-column journal.
Journal entry explanations may be omitted.
Oct. 1. Paid rent for the month, $2,500.
3. Paid advertising expense, $1,100.
4. Paid cash for supplies, $725.
6. Purchased office equipment on account, $7,500.
10. Received cash from customers on account, $3,600.
12. Paid creditor on account, $600.
20. Withdrew cash for personal use, $1,000.
27. Paid cash for repairs to office equipment, $500.
30. Paid telephone bill for the month, $195.
31. Fees earned and billed to customers for the month, $20,150.
31. Paid electricity bill for the month, $315.
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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