Reference no: EM132986399
Remington Communications has been providing cellular phone service for several years. During November and December, the following transactions occurred:
Nov.
2 Remington received $2,100 for November phone service from Enrico Company.
6 Remington purchased $3,750 of supplies from Technology Associates on account.
10 Remington paid $4,650 to its hourly employees for their weekly wages.
15 Remington paid $3,750 to Technology Associates in full settlement of its account payable.
28 Remington paid $1,750 for utilities used during November.
30 Remington received a bill from Monticello Construction for $1,930 for repairs made to Remington's loading dock on November 15. Remington plans to pay the bill in early December.Dec.10Remington paid $1,930 to Monticello Construction to settle the repair bill received on November 30.
Problem 1: Prepare a journal entry for each of the above transactions.