Selected transactions for Sophie’s Dog Care are as follows during the month of March.
Selected transactions for Sophie’s Dog Care during the month of March are as follows:
- March 1: Paid monthly rent of $1,200.
- March 3: Performed services for $140 on account.
- March 5: Performed services for cash of $75.
- March 8: Purchased equipment for $600, paying $80 in cash and placing the balance on account.
- March 12: Received cash from customers billed on March 3.
- March 14: Paid wages to employees totaling $525.
- March 22: Paid utilities amounting to $72.
- March 24: Borrowed $1,500 from Grafton State Bank by signing a note.
- March 27: Paid $220 to a repair service for plumbing repairs.
- March 28: Paid the remaining balance owed from the equipment purchase on March 8.
- March 30: Paid $1,800 for six months of insurance.
Please journalize these transactions. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles will be automatically indented when an amount is entered, so do not indent manually. Record the journal entries in the order presented above.
4 Answers
You can get good help on this material at http://orlando.universitytutor.com/tutors/921525 or https://www.superprof.us/s/accounting,Orlando--FL-...
What's your question? Refer to your textbook to learn how to record journal entries. This is basic acctg and you only learn by doing the problems, over and over and over again.
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