Camino al Mar, a wedding coordination business, started on March 1, 2020. Use the information provided to

Fantastic news! We've Found the answer you've been seeking!

Question:

Camino al Mar, a wedding coordination business, started on March 1, 2020. Use the information provided to complete the exercise.

to. Record the following transactions in the journal.

b. Records the transfer to the ledger. Using T accounts

c. Prepare the trial balance.

Transaction Date

March 1 $12,000 cash was invested to start the business.

March 3 A business vehicle was purchased for $13,000 on credit.

March 3 Decorating materials were purchased for a total of $4,500.

March 4 A $1,000 prepaid insurance policy was paid effective March 1.

March 5 A service was provided to a customer (fee earned) in the amount of $2,500.

March 10 Credit paid to purchased vehicle of $600.

March 15 Salaries were paid to employees for $1,650.

March 16 A wedding decoration was made on credit for $3,000.

March 18 A decoration was made for a fifteen-year-old in cash for $2,800.

March 20 The customer who had the work done on March 16 paid $1,100.

March 21 Gasoline for the business vehicle was paid $70.

March 22 Decorated for a bachelorette party for $1,000.

March 25 Gasoline for the business vehicle was paid $30.

March 28 Paid for advertising expenses (advertising expense) $700.

March 29 A withdrawal for personal use was made in the amount of $300.

March 30 Salaries were paid to employees for $1,650.