D. Stone Surveying Co completed these transactions during April of the current year: Apr 1 Began...

D. Stone Surveying Co completed these transactions during April of the current year: Apr 1 Began a surveying company by investing $10,000 in cash and office equipment having a $4575 fair value. Apr 2 Purchased on credit office supplies, $450, and office equipment, $300. Apr 3 Completed surveying work for client and was paid immediately $500 Apr 8 Apr. 10 Completed surveying work for Acme Loan Co $1500 on credit Paid for the items purchased on credit on April 2. Apr. 14 Paid $2400 premium for the annual insurance policy. Apr. 15 Paid semi monthly wages of $1500 Apr. 18 Received payment in full from Acme Loan Co. for the work completed on April 8. Apr. 27 D. Stone withdrew $1100 cash from the business to pay personal expenses. Apr. 30 Paid the April telephone bill, $160.

Prepare general journal entries to record the transactions.

Include the following in each journal entry:

Date________
Account Title and Explanation________
Debit_________
Credit________

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ekkarill92 answered 1 year ago

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