Question: GLO202 (No Analysis Tab) - Based on Exercise 2-9 LO A1 2 33.33 points Prepare journal entries for each transaction and identify the financial statement

 GLO202 (No Analysis Tab) - Based on Exercise 2-9 LO A1

GLO202 (No Analysis Tab) - Based on Exercise 2-9 LO A1 2 33.33 points Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Jan. 1 Isaac Carter, owner, invested $157,750 cash in the company. Jan. 2 The company purchased office supplies for $3,150 cash. Jan. 3 The company purchased $16,050 of office equipment on credit. Jan. 4 The company received $19,300 cash as fees for services provided to a customer. Jan. 5 The company paid $16,050 cash to settle the payable for the office equipment purchased on January 3. Jan. 6 The company billed a customer $4,600 as fees for services provided. Jan. 7 The company paid $3,125 cash Eor the monthly rent. Jan. 8 The company collected $2,550 cash as partial payment for the account receivable created on January 6. Jan. 9 Isaac Carter withdrew $12,700 cash from the company for personal use. eBook Print Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet o References Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Carter Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry". View transaction list View journal entry worksheet No Date Account Title Debit Credit 1 Jan 01 I. Carter, Capital 157,750 Cash 157,750

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