Prepare the general journal entries to record the following transactions for Harry's Catering in August 2020....

  

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Prepare the general journal entries to record the following transactions for Harry's Catering in August 2020. Narrations are required. Harry provided service of $650 to a customer. The customer paid $300 using a gift card purchased in 2019. The remaining balance was paid using cash. August 2020 Harry purchased an equipment for $4,500. He paid 30% of the price in cash and a bank loan is 12 arranged for the remaining balance. 18 Harry purchased supplies of $450 on credit. 25 Harry paid $1,000 wages to staff. The expense was recorded in 2019. 28 Harry paid the annual insurance fee of $1,200 for the next 12 months. i- BI Ff Date Account Debit Credit !! Prepare the general journal entries to record the following transactions for Harry's Catering in August 2020. Narrations are required. Harry provided service of $650 to a customer. The customer paid $300 using a gift card purchased in 2019. The remaining balance was paid using cash. August 2020 Harry purchased an equipment for $4,500. He paid 30% of the price in cash and a bank loan is 12 arranged for the remaining balance. 18 Harry purchased supplies of $450 on credit. 25 Harry paid $1,000 wages to staff. The expense was recorded in 2019. 28 Harry paid the annual insurance fee of $1,200 for the next 12 months. i- BI Ff Date Account Debit Credit !!

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Date Account Debit Credit August 2020 Cash 350 Gift C... View the full answer