Reference no: EM132472117
Selected activity of Mason Consulting Services follow.
DATE TRANSACTIONS
2019
Point 1: Sept.1 Zack Mason invested $52,000 in cash to start the firm.
Point 2: 4 Purchased office equipment for $5,700 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 $13,700 in full payment.
Point 4: 20 Purchased supplies for $440; paid immediately with Check 1002.
Point 5: 23 Returned damaged supplies for a cash refund of $130.
Point 6: 30 Issued Check 1003 for $3,400 to Den, Inc., as payment on account for Invoice 9823.
Point 7: 30 Withdrew $2,200 in cash for personal expenses.
Point 8: 30 Issued Check 1004 for $1,300 to pay the rent for September.
Point 9: 30 Performed services for $2,350 in cash.
Point 10: 30 Paid $395 for monthly telephone bill, Check 1005.
Question 1: How do you prepare journal entries for the transactions incurred during September of 2019.