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How to make journal entries

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Reference no: EM132990340

Question - How to make journal entries, t account and trial balances with the given information?

Nov. 1 Darrell Palusky invested $350,000 personal cash in the business Paid November's rent on a theatre building with cash, $6,000.

Nov. 2 Paid $320,000 cash to purchase land for a theatre site.

Nov. 10 Purchased theatre supplies on account, $1,000.

Nov. 16 Paid employees' salaries of $2,900 cash.

Nov. 22 Paid $600 on account.

Nov. 28 Palusky withdrew $8,000 cash.

Nov. 29 Paid property tax expense on the land for the new theatre, cash of $1,400.

Nov. 30 Received $20,000 cash from service revenue and deposited that amount in the bank.

Reference no: EM132990340

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