Question: -Journalize the adjusting entries. Sep. 3 Bob Sample opened the campus Laundromat on Sep. 1. During the first month of operation the following transactions occurred.

-Journalize the adjusting entries.

Sep. 3 Bob Sample opened the campus Laundromat on Sep. 1. During the first month of operation the following transactions occurred. Date Transactions Sep. 1 Invested $20000 deposited in the ADIB Bank. Sep. 2 Paid $1000 (check # 65) for store rent for the month Sep. 2 Purchase Supplies for $3000 on account from M.O.Co. Purchase washer and dryers for $ 25000, paying $10000 (check # 66) and sinning a $15000, 6 months, 12% note payable. Paid $1200 (check # 67) for one year Insurance Policy. Received bill from Daily News for advertising the opening for Laundromat $200. Withdraw $ 700 (check # 68) for personal use. Sep. 30 Determine that cash receipt for laundry service for the month were $9200; Deposited in the Arab Bank Sep. 30 Salaries of $1200 are occurred and unpaid at Sep. 30. Sep. 30 Supplies on hand $800 at the end of Sep. Sep. 4 Sep 10 Sep. 20

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