English Take me to the text Restore Spa is a sole proprietorship owned by Nikita Khera....
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English Take me to the text Restore Spa is a sole proprietorship owned by Nikita Khera. During the month of July 2019, the following transactions took place. Jul 2 Provided services to a customer on account worth $5,000. Jul 3 Borrowed $6,000 cash from the bank. Jul 5 Provided services to a customer and received $2,930 in cash. Jul 7 Received the maintenance bill for $260 which will be paid later. Jul 9 Paid $4,870 cash to reduce the amount owed to a supplier. Jul 11 Collected $1,810 cash from customers owing on account. Jul 13 Paid the maintenance bill from July 7. Jul 16 Paid a portion of the bank loan principal with $1,600 cash. Jul 22 Paid salaries for the month with $1,700 cash. Jul 26 Purchased equipment for $2,570 which will be paid later. Prepare the journal entries for the above transactions. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit 2019 Jul 2 Accounts Payable Accounts Receivable Bank Loan unt Cash Jul 3 Equipment Insurance Expense English Take me to the text Restore Spa is a sole proprietorship owned by Nikita Khera. During the month of July 2019, the following transactions took place. Jul 2 Provided services to a customer on account worth $5,000. Jul 3 Borrowed $6,000 cash from the bank. Jul 5 Provided services to a customer and received $2,930 in cash. Jul 7 Received the maintenance bill for $260 which will be paid later. Jul 9 Paid $4,870 cash to reduce the amount owed to a supplier. Jul 11 Collected $1,810 cash from customers owing on account. Jul 13 Paid the maintenance bill from July 7. Jul 16 Paid a portion of the bank loan principal with $1,600 cash. Jul 22 Paid salaries for the month with $1,700 cash. Jul 26 Purchased equipment for $2,570 which will be paid later. Prepare the journal entries for the above transactions. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit 2019 Jul 2 Accounts Payable Accounts Receivable Bank Loan unt Cash Jul 3 Equipment Insurance Expense
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