Selected activity of Mason Consulting Services follow.

DATE TRANSACTIONS

2019

Sept. 1 Zack Kason invested $45,000 in cash to start the firm.

4 Purchased office equipment for $5,000 on credit from Den, Inc

received Invoio 9823, payable in 30 days.

16 Purchased an automobile that will be used to visit clients; issued

Check 1001 for $13,000 in full payment.

20 Purchased supplies for $370; paid immediately with Check 1002.

23 Returned damaged supplies for a cash refund of $95.

30 Issued Check 1003 for $2,950 to Den, Ine-, as payment on account for

Invoice 9823.

30 Withdrew $1,500 in cash for personal expenses.

30 Insured Check 1004 for $950 to pay the rent for September.

30 Performed services for $3,000 in cash.

30 Paid $360 for monthly telephone bill, Check 1005.

Post the above transactions into the appropriate Ledger accounts.

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ekkarill92 answered 2 years ago

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