Nov. 1 Nov. 15 Nov. 18 Nov. 20 Nov. 28 The business received $18,000 cash and gave capital to Elise Madden, the owner. Purchased office supplies on account, $700. Paid advertising bill, $140. Received $1,300 from customers for services rendered. Madden withdrew $100 from the business.
Nov. 1 Nov. 15 Nov. 18 Nov. 20 Nov. 28 The business received $18,000 cash and gave capital to Elise Madden, the owner. Purchased office supplies on account, $700. Paid advertising bill, $140. Received $1,300 from customers for services rendered. Madden withdrew $100 from the business.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Topic Video
Question

Transcribed Image Text:More info
Nov. 1
Nov. 15
Nov. 18
Nov. 20
Nov. 28
The business received $18,000 cash and gave capital to Elise Madden, the
owner.
Purchased office supplies on account, $700.
Paid advertising bill, $140.
Received $1,300 from customers for services rendered.
Madden withdrew $100 from the business.
I
x

Transcribed Image Text:21. ESM 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 $18,000 cash and gave capital to Elise Madden, the owner.
Accounts and Explanation
Date
Nov. 1
Nov. 15: Purchased office supplies on account, $700.
Accounts and Explanation
Date
Nov. 15
Nov. 18: Paid advertising bill, $140.
Date
Nov. 18
Nov. 20: Received $1,300 from customers for services rendered.
Accounts and Explanation
Date
Nov. 20
Accounts and Explanation
Nov. 28: Madden withdrew $100 from the business.
Date
Nov. 28
Accounts and Explanation
Debit
Debit
Debit
Debit
Debit
Credit
Credit
Credit
Credit
Credit
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