Question: pleasee answer the question below !! L 122 B C D E F G H 1 Presented below is information related to Hammond Real Estate
L 122 B C D E F G H 1 Presented below is information related to Hammond Real Estate Agency 2 Oct. 1 Williams begins a Construction business with a cash investment of $50,000. 3 2 Purchases chairs, desks (Office Furnitures) for $15,000, paying $5,000 cash and the difference on account. 4 3 Purchases office equipment for $18,000, on account. 5 4 Purchases office supplies from Tate Stationary Company for $4,500, paying $1,000 by cash and the difference on account. 6 5 Performs services for a customer for $50,000 cash. 7 6 Performs services for customers totaling 44,400, receiving $20,000 in cash and the difference on account. 8 15 Pays staff Salaries and Wages totaling $12,500. 9 22 Pays October insurance expense for $2,500 10 25 Pays Tate Stationary Company $2,000 from the Oct. 4th purchase 11 27 Pays $1,100 on the balance related to the transaction of October 3. 12 28 Paid rent, $1,700, on office space. 13 30 Receives bill for October utilities, $130 (not paid at this time), 14 31 Pays staff Salaries and Wages totaling $12,500. 15 16 Instructions 17 Journalize the transactions. (You may omit explanations) 18 have already prepared the Oct. 1st journal entry. 19 20 21 Date Account Name Debit Credit 22 10/1 Cash 50.000 23 Owner's Capital 24 50,000 25 26 27 28 29 30 31 32 33 Practice 1 + + 9
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