Journalize the transactions

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Reference no: EM132982500

Question - Crane Company had the following transactions:

1. Cash is paid for the purchase of $495 of office supplies.

2. Customer is billed $1,130 for services provided that day.

3. Equipment with a cost of $2,070 is purchased on account.

4. The current month's utility bill of $295 is paid in cash.

5. Cash of $720 is received for services provided that day.

6. Cash of $6,880 is received for services to be provided in the next month.

Required - Journalize the transactions. Assume all of the transactions occurred on August 31.

Reference no: EM132982500

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