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Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment;...

Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Jason Payne, Capital; Jason Payne, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.

Transactions
Oct. 1 Paid rent for the month, $2,100.
3 Paid advertising expense, $650.
5 Paid cash for supplies, $1,350.
6 Purchased office equipment on account, $9,300.
10 Received cash from customers on account, $15,600.
15 Paid creditors on account, $3,360.
27 Paid cash for miscellaneous expenses, $500.
30 Paid telephone bill (utility expense) for the month, $300.
31 Fees earned and billed to customers for the month, $51,230.
31 Paid electricity bill (utility expense) for the month, $840.
31 Withdrew cash for personal use, $1,650.

Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.

Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.

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JOURNAL

ACCOUNTING EQUATION

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ekkarill92 answered 3 years ago
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