Birdy Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment,...

 

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Birdy Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense. Journalize the following selected transactions for January 20Y2 in a two-column journal. Journal entry explanations may be omitted. Jan. 1. Paid rent for the month, $3,000. 4. Paid advertising expense, $2,500. 5. Paid cash for supplies, $1,800. 6. Purchased office equipment on account, $13,900. 12. Received cash from customers on account, $14,770. 20. Paid creditor on account, $1,475. 27. Paid cash for miscellaneous expenses, $700. 30. Paid utility (heating) bill for the month, $610. 31. Fees earned and billed to customers for the month, $37,300. 31. Paid utility (electricity) bill for the month, $900. 31. Paid dividends, $800. Birdy Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense. Journalize the following selected transactions for January 20Y2 in a two-column journal. Journal entry explanations may be omitted. Jan. 1. Paid rent for the month, $3,000. 4. Paid advertising expense, $2,500. 5. Paid cash for supplies, $1,800. 6. Purchased office equipment on account, $13,900. 12. Received cash from customers on account, $14,770. 20. Paid creditor on account, $1,475. 27. Paid cash for miscellaneous expenses, $700. 30. Paid utility (heating) bill for the month, $610. 31. Fees earned and billed to customers for the month, $37,300. 31. Paid utility (electricity) bill for the month, $900. 31. Paid dividends, $800.

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Here are the journal entries for the transactions of Birdy Consulting Co for January 20Y2 Date Accou... View the full answer