Question: Record the following transactions using journal notation or horizonfal method,. You must show the affected accounts' names, amounts, and direction (up/down, +/)i.. Please label your
Record the following transactions using journal notation or horizonfal method,. You must show the affected accounts' names, amounts, and direction (up/down, +/)i.. Please label your items so I can follow them.,. Make sure to do any necessary End of Year Adjustments. And, don't forget to label your Debits and Credits... -Dee 1 - Jog invests $50,000 into his corporation. - Dec 1 - Paid 6 month Insurance bill of $900. -Dee 1 - Purchased a delivery truck for $60,000 that he plans to own for 5 years and sell for $5,000. Dee 4 - Purchased inventory of $3,200 and computers worth $5,200 on account. -Dee 8 - Billed client for the $4,200 catering job just completed. - Dec15 - Received payment from customer billed earlier. - Dec21 - Received and paid electric bill for $1804,1. This is a typical bill and covers service for 11-21 through 12-20. -Dec22 - Paid for inventory purchased carlier. Dec28 - Received $2,500 for catering a party. Dec29 - Paid workers $2,000. Dec30 - Declared and paid dividends of $4,000. -Dec31 - Counted Inventory and found \$1,100 still on hand
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