Post to the general ledger

Assignment Help Financial Accounting

Reference no: EM139853

Record the following transactions in the general journal. Use ONLY these account titles: Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; YOUR NAME, Capital; YOUR NAME, Drawing; Service Revenue; Rent Expense; Supplies Expense; Utilities Expense.

3/1/07	Invested $20,000 in cash and $5,000 of equipment in the business
3/5/07	Purchased equipment on account, $1,200
3/7/07	Purchased supplies on account, $500
3/10/07	Purchased supplies with cash, $1,000
3/13/07	Received cash for services provided to clients, $2,500
3/15/07	Paid rent, $850
3/20/07	Billed clients for services performed, $850
3/25/07	Paid for equipment purchased on 3/5/07
3/28/07	Received payment for services performed on 3/20/07
3/31/07	Withdrew cash for personal use, $3,000

After recording the transactions listed above, post to the general ledger.

Reference no: EM139853

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