Reference no: EM132836332
Question - You are presented with the following transactions for J. Green, a sole proprietorship established in the month of August:
Aug. 2 The owner, Jason Green, invested $32,200 in the business.
Aug. 2 Purchased supplies on account for $510.5Purchased equipment for $9,200 by signing a note payable due in three months.
Aug. 9 Provided services of $13,800. Of this amount, $6,900 was received in cash. The balance was on account.
Aug. 14 Paid salaries of $1,100.15Paid Jason Green $4,000 for his personal use.
Aug. 19 A customer paid $2,250 in advance for services to be provided next month.
Aug. 22 Paid the balance owing for the supplies purchased on August 2.
Aug. 25 Collected the $6,900 of the amount owing from the August 9 transaction.
Aug. 26 Paid office expense of $2,900.30Paid interest of $50 on the note payable signed on August 5.
Required - Journalize the August transactions.
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