Reference no: EM132472119
Selected activity of Mason Consulting Services follow.
DATE TRANSACTIONS
2019
Point 1: Sept.1 Zack Mason invested $57,000 in cash to start the firm.
Point 2: 4 Purchased office equipment for $6,200 on credit from Den, Inc.; received Invoice 9823, payable in 30 days.
Point 3: 16 Purchased an automobile that will be used to visit clients; issued Check 1001 for $14,200 in full payment.
Point 4: 20 Purchased supplies for $490; paid immediately with Check 1002.
Point 5: 23 Returned damaged supplies for a cash refund of $155.
Point 6: 30 Issued Check 1003 for $3,550 to Den, Inc., as payment on account for Invoice 9823.
Point 7: 30 Withdrew $2,700 in cash for personal expenses.
Point 8: 30 Issued Check 1004 for $1,550 to pay the rent for September.
Point 9: 30 Performed services for $2,600 in cash.
Point 10: 30 Paid $420 for monthly telephone bill, Check 1005.
Question 1: How do you post the above transactions into the appropriate Ledger accounts.