Enter the following transactions in the two-column journal provided for Charlies Cabinetry. You Ha omit explanations. Purchased auto cleaning supplies from Robert Suppliers for $750 on account. Collected an account receivable of $525 from a customer, Elegant Kitchens. 5. Mar. 2 4. Paid $275 in partial payment of an account payable to Lucy Co for equipment purchased in February. Issued capital stock in exchange for $5,600 cash. Purchased office equipment from Diamond's Warehouse for $3,700; paid $1,700 cash and issued a note payable due in 90 days for the balance. 7. Date General Journal 20 Debit Credit Mar 2 4.
Enter the following transactions in the two-column journal provided for Charlies Cabinetry. You Ha omit explanations. Purchased auto cleaning supplies from Robert Suppliers for $750 on account. Collected an account receivable of $525 from a customer, Elegant Kitchens. 5. Mar. 2 4. Paid $275 in partial payment of an account payable to Lucy Co for equipment purchased in February. Issued capital stock in exchange for $5,600 cash. Purchased office equipment from Diamond's Warehouse for $3,700; paid $1,700 cash and issued a note payable due in 90 days for the balance. 7. Date General Journal 20 Debit Credit Mar 2 4.
Chapter1: Financial Statements And Business Decisions
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