Reference no: EM132656021
Question - Journalize the following transactions and prepare general journal, Income statement, Balance sheet and general ledger.
Jan 1 Tom invested $ 10,000.00 in his consulting company.
Jan 2. Purchase computers for $ 1500 and paid cash.
Jan 5. Purchase office furniture from Rooms to go on account $2500.
Jan 7. Paid rent $ 1600.00.
Jan 10. Collected consulting fee $ 4500.00(cash).
Jan 12. Paid advertising bill $ 750.00.
Jan 25. Performed services on account $2500.00.
Jan 31. Paid utilities bill $ 700.00.
Jan 31. Paid Jerry, his employee $ 250 for reimbursement of gas expense.
Jan 31. Paid $400 for Jan 5 transaction.
Jan 31. Purchased supplies on account $600.00 on account.
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