Chin consulting service engaged in the following transactions during march 19x3 March 1 Rudy Chin invest 59,000 of cash to start the busuness 2. He purchaed office supplied of 200 on account 4 He paid 40,000 cash for building to use as future office 6. He performed service for customer and received cash 2000 9 He paid 100 on account payable 17 He performed service for customer on account 1600 23. He received 1,200 cash from a customer on account 31. He performed the following expenses, salary 1,200, rent 500 Required Record the proceedingntransactions in the journal of Chin Consulting Service. Key transactions by date and include an explaination for each entry, as illustrated the chapter. Use the following account: Cash, Account Receivable, Office Supplies, Building, Account Payable, Rudy Chin capital, Service Revnue, Salary Expense, Rent Expense

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Chin consulting service engaged in the following transactions during march 19x3

March 1 Rudy Chin invest 59,000 of cash to start the busuness

          2. He purchaed office supplied of 200 on account

          4 He paid 40,000 cash for building to use as future office

          6. He performed service  for customer and received cash 2000

         9 He paid 100 on account payable

        17 He performed service for customer on account 1600

         23. He received 1,200 cash from a customer on account

         31. He performed the following expenses, salary 1,200, rent 500

Required

Record the proceedingntransactions in the journal of Chin Consulting Service. Key transactions by date and include an explaination for each entry, as illustrated the chapter. Use the following account: Cash, Account Receivable, Office Supplies, Building, Account Payable, Rudy Chin capital, Service Revnue, Salary Expense, Rent Expense

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