Journalize the following transactions by Ayayai Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 1. Stockholders invest $82,500 cash to start the business. 2. Purchased three digital copy machines for $450,000, paying $102,000 cash and signing a 5-year, 6% note for the remainder. 3. Purchased $4,800 paper supplies on credit. 4. Cash received for photocopy services amounted to $7,300. 5. Paid $400 cash for radio advertising. 6. Paid $1,000 on account for paper supplies purchased in transaction 3. 7. Dividends of $2,200 were paid to stockholders. 8. Paid $1,200 cash for rent for the current month. 9. Received $2,100 cash advance from a customer for future copying. 10. Billed a customer for $300 for photocopy services completed. No. Account Titles and Explanation Debit Credit 1. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 2. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 3. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 4. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 5. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 6. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 7. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 8. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 9. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 10. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount

Journalize the following transactions by Ayayai Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 1. Stockholders invest $82,500 cash to start the business. 2. Purchased three digital copy machines for $450,000, paying $102,000 cash and signing a 5-year, 6% note for the remainder. 3. Purchased $4,800 paper supplies on credit. 4. Cash received for photocopy services amounted to $7,300. 5. Paid $400 cash for radio advertising. 6. Paid $1,000 on account for paper supplies purchased in transaction 3. 7. Dividends of $2,200 were paid to stockholders. 8. Paid $1,200 cash for rent for the current month. 9. Received $2,100 cash advance from a customer for future copying. 10. Billed a customer for $300 for photocopy services completed. No. Account Titles and Explanation Debit Credit 1. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 2. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 3. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 4. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 5. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 6. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 7. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 8. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 9. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 10. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Journalize the following transactions by Ayayai Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

1.		Stockholders invest $82,500 cash to start the business.
2.		Purchased three digital copy machines for $450,000, paying $102,000 cash and signing a 5-year, 6% note for the remainder.
3.		Purchased $4,800 paper supplies on credit.
4.		Cash received for photocopy services amounted to $7,300.
5.		Paid $400 cash for radio advertising.
6.		Paid $1,000 on account for paper supplies purchased in transaction 3.
7.		Dividends of $2,200 were paid to stockholders.
8.		Paid $1,200 cash for rent for the current month.
9.		Received $2,100 cash advance from a customer for future copying.
10.		Billed a customer for $300 for photocopy services completed.

No.	Account Titles and Explanation	Debit	Credit
1.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
2.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
3.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
4.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
5.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
6.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
7.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
8.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
9.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
10.	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount

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