Create a journal entry for each of these transactions, Purchased business equipment by taking out a long-term
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Purchased business equipment by taking out a long-term Note Payable. | Paid invoice for office equipment repairs. |
Recorded sales completed on account and sent invoices. | Bill customers in advance for two months. |
Paid miscellaneous expense. | Received cash $8,650 from a customer on account. |
Received cash $6,975 from a customer on account. | Paid rent for the month. |
Paid off $2,340 of bills from January. | Paid 3% of Mortgage Payable Off. |
Paid utilities expense. | Withdrew cash for personal use. |
Purchased supplies for cash. | Paid for three months of rent for NEW office space. |
Paid wages of $2,780. | Purchased a truck by paying $2,500 down and taking out a loan for the remainder. |
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