View Policies Current Attempt in Progress On April 1. Oriole Travel Agency began operations. The following transactions were completed during the month. 1. 2 3. 4. 5. 6. 7. Owner invested $21,000 in the business. Obtained a bank loan for $7.100 by issuing a note payable. Paid $11,500 cash to buy equipment Paid $1,500 cash for April office rent. Paid $1.200 for supplies. Purchased $600 of advertising in the Daily Herald, on account Performed services for $21.000: cash of $4,000 was received from customers, and the balance of $17.000 was billed to customers on account. Cash withdrawal of $600 by owner for personal use. Paid the utility bill for the month $4,000, Paid Daily Herald the amount due in transaction (6) Paid $50 of interest on the bank loan obtained in transaction (2) Paid employees' salaries and wages, $6,000 Received $12,000 cash from customers billed in transaction (7). 8 9. 10. 11 12. 13 11. 12. 13. Paid $50 of interest on the bank loan obtained in tra Pald employees' salaries and wages, $6,000 Received $12,000 cash from customers billed in transaction (7). Journalize the transactions. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit No. Account Titles and Explanation 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 11. 12