Record the transactions in SE5 in the general journal for 2014. In SE5, Shawn Michael started a

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Record the transactions in SE5 in the general journal for 2014.
In SE5, Shawn Michael started a computer programming business, Michael’s Programming Service. For each transaction that follows, indicate which account is debited and which account is credited.
May 2 Shawn Michael invested $10,000.
5 Purchased a computer for $5,000 in cash.
7 Purchased supplies on credit for $600.
19 Received cash for programming services performed, $1,000.
22 Received cash for programming services to be performed, $1,200.
25 Paid the rent for May, $1,300.
31 Billed a customer for programming services performed, $500.

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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