1. Prepare Journal entries
2. 
   
3. Opened a business checking account and made a deposit, $9,000. 
4. Paid rent for June for office space and computer equipment, $3,000. 
5. Purchased office supplies (stamps, pens, etc.) on account, $1,980. 
6. Received cash for services rendered, $4,500. 
7. Paid creditor for office supplies purchased on account, $1,400. 
8. Purchased office supplies for cash, $420. 
9. Billed clients for consultations performed on account, $4,600. 
10. Paid monthly internet service bill of $360. 
11. Paid the secretary's salary of $2,400. 
12. Returned $300 of office supplies purchased in transaction f. Received a full refund. 
13. Received cash from clients previously billed, $3,000. 
14. Cash was withdrawn for owner's personal use, $2,000. 

Answer rating: 100% (QA)

Lets record these transactions in a simple accounting format to keep track of them Well use the foll... View the full answer