Exercise $2-50$ Journalizing Transactions

Remington Communications has been providing cellular phone service for several years. During November and December, the following transactions occurred:

Nov. $2$ Remington received $$2,400$ for November phone service from Enrico Company.

$6$ Remington purchased $$4,750$ of supplies from Technology Associates on account.

$10$ Remington paid $$5,250$ to its hourly employees for their weekly wages.

$15$ Remington paid $$4,750$ to Technology Associates in full settlement of its account payable.

$28$ Remington paid $$2,150$ for utilities used during November.

$30$ Remington received a bill from Monticello Construction for $$1,230$ for repairs made to Remington's loading dock on November $15.$ Remington plans to pay the bill in early December.

Dec. $10$ Remington paid $$1,230$ to Monticello Construction to settle the repair bill received on November $30.$

Required:

Prepare a journal entry for each of these transactions.

CONCEPTUAL CONNECTION What accounting principle did you apply in recording the November $10$ transaction?