Complete the journal entries for the below transactions following the double entry system 1 1-Apr 2 2-Apr

Complete the journal entries for the below transactions following the double entry system
 

Transcribed Image Text:

1 1-Apr 2 2-Apr 3 3-Apr 4 5-Apr 5 10-Apr 13-Apr 15-Apr 25-Apr 19 26-Apr Paid utility $1.200 based on the month end utility bill 10 30-Apr Paid Salary $2,000 to the employees The owner A. Rai, invested $27,750 in the business Purchased equipment for $5,000 by signing a note due in three month Purchased office supplies on account for $250 Provided services for $12,250 on account 6 7 8 Paid A. Rai $4,300 for his personal use Paid the balance owing for supplies purchased on Apr3 A customer paid $2.450 in advance for the services to be provided next month Collected the balance from Apri 5 transaction 1 1-Apr 2 2-Apr 3 3-Apr 4 5-Apr 5 10-Apr 13-Apr 15-Apr 25-Apr 19 26-Apr Paid utility $1.200 based on the month end utility bill 10 30-Apr Paid Salary $2,000 to the employees The owner A. Rai, invested $27,750 in the business Purchased equipment for $5,000 by signing a note due in three month Purchased office supplies on account for $250 Provided services for $12,250 on account 6 7 8 Paid A. Rai $4,300 for his personal use Paid the balance owing for supplies purchased on Apr3 A customer paid $2.450 in advance for the services to be provided next month Collected the balance from Apri 5 transaction

Answer rating: 100% (QA)

Here are the journal entries for the transactions 1Apr Cash Dr 27750 Own... View the full answer