White's Logistics Consulting has the following transactions during August. Aug. 1 Received $16,800 cash from the...

 

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White's Logistics Consulting has the following transactions during August. Aug. 1 Received $16,800 cash from the company's owner, Barabara White. 4 Paid rent in advance for three months, $4.810. 5 Purchased $660 of office supplies on account. 6 Received $575 from clients for services provided. 17 Billed clients $1.750 for services provided. 22 27 Paid secretary $860 salary. 29 Paid the company's owner, Barabara White, $760 cash for personal use. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) White's Logistics Consulting has the following transactions during August. Aug. 1 Received $16,800 cash from the company's owner, Barabara White. 4 Paid rent in advance for three months, $4.810. 5 Purchased $660 of office supplies on account. 6 Received $575 from clients for services provided. 17 Billed clients $1.750 for services provided. 22 27 Paid secretary $860 salary. 29 Paid the company's owner, Barabara White, $760 cash for personal use. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)

Answer rating: 100% (QA)

Here are the journal entries for the transactions 1 Aug 1 Received ... View the full answer