Texas Sales Consultants completed the following transactions during the latter part of January:
Jan 22 Performed service for customers on account, $8,000.
30 Received cash on account from customers, $7,000.
31 Received a utility bill, $180, which will be paid during February.
31 Paid monthly salary to salesman, $2,000.
31 Paid advertising expense of $700.
Requirement
1. Journalize the transactions of Texas Sales Consultants. Include an explanation with each journal entry.