Question: 6,000 (35 Points) 2. In good form, please record journal entries for the following transactions for the month of September. Explanations are not required.
6,000 (35 Points) 2. In good form, please record journal entries for the following transactions for the month of September. Explanations are not required. 9/2 Sam Harley opened a travel agency called "Harley Travel" by investing $50,000. 9/4 Paid $1,200 for the current months rent. 9/10 Purchased office equip for $8,000 from Zen Co. Paid $3000 and the balance on account. 9/15 Hired a receptionist to be paid $800 every other Friday. 9/17 Purchased 12-month insurance policy from Ace Insurance and paid $600. 9/20 Provided $1,000 of service to Bond Co, collected $250 cash with the balance on account. 9/22 Paid for balance $5,000 due on equipment purchased from Zen Co on 9/10. 9/25 Collected $500 in advance as a deposit from May Co. for future travel. 9/28 Received a telephone bill from Spectrum Wireless for $300, due by 10/14. 9/29 Collected $750 balance due from Bond Co for services provided on 9/20. 9/30 Paid receptionist bi-weekly salary $800. 9/30 Harley withdrew $1,500 from the business for personal use.
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