Question: Problems (23 points each) Problem Required: Prepare journal entries for the following transactions for Treadwater Company Comit explanations) 1/4/22 Owner invested $20,000 cash into the
Problems (23 points each) Problem Required: Prepare journal entries for the following transactions for Treadwater Company Comit explanations) 1/4/22 Owner invested $20,000 cash into the business. 1/6/22 Rented an office and paid one month's rent, $1,400. 1/8/22 Purchased $650 of supplies on account. 1/10/22 Performed a service for a customer on account, $3,000. 1/12/22 Paid $5,500 cash for the purchase of equipment. 1/14/22 Owner withdrew $1,800 cash for personal use. 1/18/22 Collected $1,200 cash from a customer on account 1/30/22 Paid employee salary of $900 2 Chart of accounts used by Treadway Company Cash Accounts Receivable Supplies Equipment Accounts Payable Treadwater, Capital Treadwater, Withdrawals Service Revenue Rent expense Salary expense
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