Journalize the transactions and provide explanations

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Question 1: Journalize the transactions and Provide explanations. HST wont be called a transaction Can you make a balance sheet or something?

Point 1: Sep. 2 I invested $20 000 cash in the business.

Point 2: 2 Exercise equipment costing $5000 was purchased from Buy-Cep Wholesalers Ltd.

Point 3: A cash payment of $2000 was made and the balance owing was to be paid in 30 days.

Point 4: 8 Fees earned amounted to $600 cash.

Point 5: 9 Bought office supplies ($360) from Office Outfitters on account (terms net 30 days).

Point 6: 25 Paid the monthly utility bill for $175.

Point 7: 30 I used the business's bank account to pay the rent on his apartment for $1400

Reference no: EM132473999

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