June

1

Gordon invested $10,000 cash in the business.

2

Purchased a used van for deliveries for $12,000. Gordon paid $2,000 cash

and signed a note payable for the remaining balance.

3

Paid $500 for office rent for the month.

5

Performed $4,400 of services on account.

9

Withdrew $200 cash for personal use.

12

Purchased supplies for $150 on account.

15

Received a cash payment of $1,250 for services provided on June 5.

17

Purchased gasoline for $200 on account.

20

Received a cash payment of $1,300 for services provided.

23

Made a cash payment of $600 on the note payable.

26

Paid $250 for utilities.

29

Paid for the gasoline purchased on account on June 17.

30

Paid $1,000 for employee salaries.

Assets

Liabilities

Owner's Equity

Accounts

Notes

Accounts

Owner's

Owner's

Date

Cash

+ Receivable

+ Supplies

+ Equipment

= Payable

+ Payable

+ Capital

- Drawings

+ Revenues

- Expenses