R. W. White's Printing and Advertising services started business and completed these transactions during the month...

  

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R. W. White's Printing and Advertising services started business and completed these transactions during the month of April 2020: 1, April 1ª - Owner R. W. White invested $128.000 cash in the business. 2. April 2nd - Purchased equipment for $58,000, paid $38,000 cash and the rest was on 3. April 3rd Purchased $13,700 of office supplies for cash. 4, April 4* - Purchased $5,750 of furniture on account. 5. April 8 - Paid for the equipment purchased in Transaction (2). 6, April 11th - Made a $3,750 payment on the furniture purchased in transaction (4) 7, April 17th-Completed a project on credit for a publisher and billed the client $5.500. 8. April 21- Completed an advertising project for a client and collected $8.250 cash. 9. April 254 Received $2.500 from the client described in transaction (7). 10, April 30ª Paid the office assistant's salary of $1,750 Required: Prepare journal entries to record the above transactions. Joe Simon Printing and Advertising General Journal Account Titles and Explanation Debit 128.009 R. W. White's Printing and Advertising services started business and completed these transactions during the month of April 2020: 1, April 1ª - Owner R. W. White invested $128.000 cash in the business. 2. April 2nd - Purchased equipment for $58,000, paid $38,000 cash and the rest was on 3. April 3rd Purchased $13,700 of office supplies for cash. 4, April 4* - Purchased $5,750 of furniture on account. 5. April 8 - Paid for the equipment purchased in Transaction (2). 6, April 11th - Made a $3,750 payment on the furniture purchased in transaction (4) 7, April 17th-Completed a project on credit for a publisher and billed the client $5.500. 8. April 21- Completed an advertising project for a client and collected $8.250 cash. 9. April 254 Received $2.500 from the client described in transaction (7). 10, April 30ª Paid the office assistant's salary of $1,750 Required: Prepare journal entries to record the above transactions. Joe Simon Printing and Advertising General Journal Account Titles and Explanation Debit 128.009

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