Question: Journalize the transactions shown in Table P4.2 for Tip Top Associates, Inc., incurred during the month of July 20XX (assume accrual basis). TABLE P4.2 Transactions

Journalize the transactions shown in Table P4.2 for Tip Top Associates, Inc., incurred during the month of July 20XX (assume accrual basis).

TABLE P4.2 Transactions for Tip Top Associates 6-Jul 10-Jul Initializing capital deposited

TABLE P4.2 Transactions for Tip Top Associates 6-Jul 10-Jul Initializing capital deposited in bank Office supplies purchased $12,000 250 12-Jul 15-Jul Purchase computer (paying $1000 with balance on account) Office rent 3,500 425 20-Jul Billing to Jones County Board of Education 1,255 25-Jul Salaries employee payroll 655 28-Jul Paid on account for computer 800 30-Jul Cost of expended supplies 145

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