PAGE 2 GENERAL JOURNAL DATE ACCOUNT TITLE DOC. POST. DEBIT CREDIT NO. REF. 2 2 3 3 A A 5 5 6 6GENERAL JOURNAL DATE ACCOUNT TITLE DOC. POST. DEBIT CREDIT NO. REF. 1 2 3 A 5 7 8 8 9 9 10 10 11 11 17 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32Unit 2 Exam - Hands-On Chad First owns a service business called First Plumbing. Journalize the transactions completed during August of the current year. Use pages 1 and 2 of the journal. Source documents are abbreviated as follows: check, C; memorandum, M; receipt, R; sales invoice, S; calculator tape, T. August Transactions: First Plumbing CHART OF ACCOUNTS Aug 1 Received cash from owner as an investment, $10,000.00. R1. Assets Revenue Paid cash for one month's rent, 110 Cash 410 Sales $2,400.00. C1. 120 Accounts 4 Bought supplies on account from Receivable-Kay's Expenses Cafe Superior Pipe, $3,000.00. M1. 130 Supplies 510 Miscellaneou 5 Paid cash for insurance, $1,200.00. C2. s Expense 9 Paid cash for supplies, $800.00. C3. 140 Prepaid Insurance 520 Rent Expense 11 Paid cash on account to Superior Pipe, 530 Utilities $1,000.00. C4. Expense 11 Sold services on account to Kay's Cafe, Liabilities $850.00, $1. 210 Accounts Payable- Superior Pipe 12 Received cash from sales, $900.00. T12 14 Paid cash on account to Superior Pipe, Owner's Equity $1,000.00. C5. 310 Chad First, Capital 14 Received cash on account from Kay's 320 Chad First, Cafe, $500.00. R2 Drawing 16 Received cash from sales, $650.00. T16 18 Received cash from sales, $775.00. T18. 22 Sold services on account to Kay's Cafe, $1,500.00. 52. 22 Paid cash for electricity, $435.00. C6. 25 Received cash on account from Kay's Cafe, $500.00. R3 25 Paid cash for delivery fees (Miscellaneous Expense), $25.00. C7. 28 Paid cash on account to Superior Pipe, $1,000.00. C8. 31 Paid cash to owner for personal use, $3,000.00. C9. 31 Received cash from sales, $654.00. T31