Question: Data for M. Coronado, interior decorator, are presented as follows. Jan. 2 Invested $11,700 cash in business. 3 Purchased used car for $3,510 cash for


Data for M. Coronado, interior decorator, are presented as follows. Jan. 2 Invested $11,700 cash in business. 3 Purchased used car for $3,510 cash for use in business. 9 Purchased supplies on account for $585. 11 Billed customers $2;808 for services performed. 16 Paid $410 cash for advertising. 20 Received $819 cash from customers billed on January 11. 23 Paid creditor $351 cash on balance owed. 28 Withdrew $1,170 cash for personal use by owner. Journalize the transactions. (List all debit entries before credit entries. Credit occount titles are outomatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
