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Prepare a journalize the transaction in general journal form

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Question 1: Montoya Tutoring Service completed the following transactions. Journalize the transactions in general journal form, including brief explanations.

Point 1: Mar. 1 Bought equipment for $5,798 from Teaching Suppliers, paying $3,798 in cash and placing the balance on account, Ck. No. 3230.

Point 2: 10 Paid the wages for the first week of March, $1,536, Ck. No. 3231.

Point 3: 15 Sold services for cash to Mason District, $1,481, Sales Inv. 121.

Point 4: 26 Sold services on account to Tempe School, $1,400, Sales Inv. 122.

Point 5: 31 Paid on account to Teaching Suppliers, $725, Ck. No. 3232.

Reference no: EM132463895

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