Question: Using the data from Practice Brief Exercise 2, journalize the transactions (omit explanations). Data from Brief Exercises 2 Transactions for Warren Potter Inc. for the

Using the data from Practice Brief Exercise 2, journalize the transactions (omit explanations).


Data from Brief Exercises 2

Transactions for Warren Potter Inc. for the month of May are presented below. Identify the accounts to be debited and credited for each transaction.

May 1 6 12 18 Stockholders invested $22,000 in the business. Paid

May 1 6 12 18 Stockholders invested $22,000 in the business. Paid office rent of $900. Performed consulting services and billed client $4,400. Purchased equipment on account for $1,200.

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