April 1 To begin the business Emir invested $19, 000 cash and $20, 000 of equipment. April 2 Emir paid $6, 000 rent for 6 month in advance. April 5 Purchased $5, 000 office equipment on account. April 6 Bought supplies of $550 paying cash. April 9 Collected $4, 000 for a wedding reception party . April 12 Emir paid his $80 home utility bill using a company cheque. April 20 Billed Amy Jones $4, 000 for office part event completed. April 23 Received a bill for advertising in the local paper, $100. Will pay in June. April 26 Paid Salaries, $700 to employees. April 30 Paid $2,000 of the amount owed for the office equipment. April 31 Paid telephone bill of company, $70. post the journal entries to T accounts
April 1 To begin the business Emir invested $19, 000 cash and $20, 000 of equipment. April 2 Emir paid $6, 000 rent for 6 month in advance. April 5 Purchased $5, 000 office equipment on account. April 6 Bought supplies of $550 paying cash. April 9 Collected $4, 000 for a wedding reception party . April 12 Emir paid his $80 home utility bill using a company cheque. April 20 Billed Amy Jones $4, 000 for office part event completed. April 23 Received a bill for advertising in the local paper, $100. Will pay in June. April 26 Paid Salaries, $700 to employees. April 30 Paid $2,000 of the amount owed for the office equipment. April 31 Paid telephone bill of company, $70. post the journal entries to T accounts
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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answer in text form please (without image), Note: .Every entry should have narration please

Transcribed Image Text:April 1 To begin the business Emir invested $19, 000 cash and $20, 000 of equipment.
April 2 Emir paid $6, 000 rent for 6 month in advance.
April 5 Purchased $5, 000 office equipment on account.
April 6 Bought supplies of $550 paying cash. April 9 Collected $4, 000 for a wedding
reception party .
April 12 Emir paid his $80 home utility bill using a company cheque.
April 20 Billed Amy Jones $4, 000 for office part event completed.
April 23 Received a bill for advertising in the local paper, $100. will pay in June.
April 26 Paid Salaries, $700 to employees.
April 30 Paid $2,000 of the amount owed for the office equipment.
April 31 Paid telephone bill of company, $70.
post the journal entries to T accounts
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