ecord the following transactions. (If no entry is required for a transaction/event, select "No Journal Entry Rec ccount field.) (a) Started business by issuing 10,000 shares of common stock for $26,000 (b) Hired Rebecca as an administrative assistant, promising to pay her $2,900 every two weeks. (c) Rented a building for three years at $580 per month and paid six months' rent in advance. (d) Purchased equipment for $5,900 cash. (e) Purchased $1,600 of supplies on account. (f) Provided services to customers for $7,900 cash. (g) Paid employees' salaries, $5,500. (h) Paid for supplies purchased in item (e). () Paid $830 for current advertising in a local newspaper. () Paid utility bill of $1,300 for the current month.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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zecord the following transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in
account field.)
(a) Started business by issuing 10,000 shares of common stock for $26,000
(b) Hired Rebecca as an administrative assistant, promising to pay her $2,900 every two weeks.
(c) Rented a building for three years at $580 per month and paid six months' rent in advance.
(d) Purchased equipment for $5,900 cash.
(e) Purchased $1,600 of supplies on account.
(f) Provided services to customers for $7,900 cash.
(g) Paid employees' salaries, $5,500.
(h) Paid for supplies purchased in item (e).
() Paid $830 for current advertising in a local newspaper.
G) Paid utility bill of $1,300 for the current month.
View transaction list
Journal entry worksheet
2
3 4
6 7 8
10
Started business by issuing 10,000 shares of common stock for $26,000.
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Transcribed Image Text:zecord the following transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in account field.) (a) Started business by issuing 10,000 shares of common stock for $26,000 (b) Hired Rebecca as an administrative assistant, promising to pay her $2,900 every two weeks. (c) Rented a building for three years at $580 per month and paid six months' rent in advance. (d) Purchased equipment for $5,900 cash. (e) Purchased $1,600 of supplies on account. (f) Provided services to customers for $7,900 cash. (g) Paid employees' salaries, $5,500. (h) Paid for supplies purchased in item (e). () Paid $830 for current advertising in a local newspaper. G) Paid utility bill of $1,300 for the current month. View transaction list Journal entry worksheet 2 3 4 6 7 8 10 Started business by issuing 10,000 shares of common stock for $26,000. Mc Graw < Prev 37 of 40 Next > FIV 딤 F3 F9 F10 F5 F6 F7 F2 @ 2# $ % & 3 4 6. 7 8 9 7 { Q W E R T Y K S F C V alt alt command option antion command .. ·-
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