Data for L. Takemoto, interior decorating, are presented as follows. Jan, 2 3 9 11 16...

 

 

Transcribed Image Text:

Data for L. Takemoto, interior decorating, are presented as follows. Jan, 2 3 9 11 16 20 23 28 Stockholders invested $15,000 cash in the business in exchange for common stock. Purchased used car for $8,200 cash for use in the business. Purchased supplies on account for $500. Billed customers $1,800 for services performed. Paid $200 cash for advertising. Received $780 cash from customers billed on January 11. Paid creditor $300 cash on balance owed. Declared and paid a $500 cash dividend. Journalize the transactions. Data for L. Takemoto, interior decorating, are presented as follows. Jan, 2 3 9 11 16 20 23 28 Stockholders invested $15,000 cash in the business in exchange for common stock. Purchased used car for $8,200 cash for use in the business. Purchased supplies on account for $500. Billed customers $1,800 for services performed. Paid $200 cash for advertising. Received $780 cash from customers billed on January 11. Paid creditor $300 cash on balance owed. Declared and paid a $500 cash dividend. Journalize the transactions.

Answer rating: 100% (QA)

The images provided show a list of transactions for a company and a request to journalize the transa... View the full answer