1. 2. 3. 4 5 6. Exercise 2-09 On April 1, Adventures Travel Agency began operations. The following transactions were completed during the month. Owner Invested $24,000 in the business. Obtained a bank loan for $7,000 by Issuing a note payable. Paid $11,000 cash to buy equipment. Paid $1,200 cash for April office rent. Pald $1,450 for supplies Purchased $600 of advertising in the Daily Herald, on account 7. Performed services for $18,000: cash of $2,000 was received from customers, and the balance of $16,000 was billed to customers on account Cash withdrawal of $400 by owner for personal use. Paid the utility bill for the month, $2,000. Pald Daily Herald the amount due in transaction (6). Paid $40 of interest on the bank loan obtained in transaction (2). Paid employees' salaries and wages, $6,400. 13. Received $12,000 cash from customers billed in transaction (7). Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) 8. 9 10. 11. 12. No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. I 5. 6. 7. 8. 9. 10. I 11. 12. 13