More info Nov. 1 The business received $13,000 cash and gave capital to Elizabeth Morris, the owner. Purchased office supplies on account, $400. Paid advertising bill, $180. Received $1,500 from customers for services rendered. Morris withdrew $700 from the business. Nov. 15 Nov. 18 Nov. 20 Nov. 28 Print Done - X

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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21. ERM Consulting Services had the following transactions for the month of November. Journalize the transactions and include an explanation with each entry. (Record
debits first, then credits. Select the explanation on the last line of the journal entry table.)
Click the icon to view the transactions.)
Nov. 1: The business received $13.000 cash and gave capital to Elizabeth Morris, the owner.
Date
Accounts and Explanation
Debit
Nov. 1
Nov. 15: Purchased office supplies on account, $400.
Date
Accounts and Explanation
Nov. 15
Nov. 18: Paid advertising bill, $180.
Date
Nov 18
Accounts and Explanation
Debit
Debit
Credit
Credit
Credit
Transcribed Image Text:21. ERM Consulting Services had the following transactions for the month of November. Journalize the transactions and include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Click the icon to view the transactions.) Nov. 1: The business received $13.000 cash and gave capital to Elizabeth Morris, the owner. Date Accounts and Explanation Debit Nov. 1 Nov. 15: Purchased office supplies on account, $400. Date Accounts and Explanation Nov. 15 Nov. 18: Paid advertising bill, $180. Date Nov 18 Accounts and Explanation Debit Debit Credit Credit Credit
More info
Nov. 1 The business received $13,000 cash and gave capital to Elizabeth Morris,
the owner.
Purchased office supplies on account, $400.
Paid advertising bill, $180.
Received $1,500 from customers for services rendered.
Morris withdrew $700 from the business.
Nov. 15
Nov. 18
Nov. 20
Nov. 28
Print
Done
-
X
Transcribed Image Text:More info Nov. 1 The business received $13,000 cash and gave capital to Elizabeth Morris, the owner. Purchased office supplies on account, $400. Paid advertising bill, $180. Received $1,500 from customers for services rendered. Morris withdrew $700 from the business. Nov. 15 Nov. 18 Nov. 20 Nov. 28 Print Done - X
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