Reference no: EM133056872

Question - The following transactions occurred in the business during the month of July 2021.

5-Jul Provided service for $6,000 and received 30% cash. The remaining balance is on credit.

7-Jul The owner withdrew $2,000 from the business bank account. $800 was used to pay the business's electricity expense. The owner used the remaining cash to buy a computer for personal use.

12-Jul Received $2,500 cash for services provided and recorded last month.

17-Jul Paid $5,500 wages expense recorded last month.

25-Jul Provided services for $7,000 cash received and recorded last month.

28-Jul The owner contributed a vehicle costing $25,000 and equipment costing $8,000.

30-Jul Paid $5,000 to the supplier for supplies purchased and received last month.

Required - Prepare the general journal for the above transactions. Narration and dates are required.