please journalize following transactions or activity thanku 2. Journalize the following transactions on journal page 299 for Wiley'sDriving School, using these accounts: Cash; Accounts Receivable/L. Starr;Equipment; Automobiles; Accounts Payable/Grant's Esso; R. Wiley,Capital; Revenue from Lessons; Salaries Expense; Advertising Expense;Automobile Expense; Utilities Expense.Aug. 1 R. Wiley invested an additional $40 000 cash.2 Purchased equipment for $2000, Cheque 107.4 Purchased a car from Dardick Motors for $36 000, Cheque 108.5 Received $1700 for driving lessons, Sales Slips 293-296.7 Paid $1300 for instructors' salaries for the week, Cheque 109.9 Paid $275 to Bell Canada, Cheque 110.10 Received $1800 from customers taking driving lessons, Sales Slips297-300.11 Issued Sales Invoice 192 for $400 to L. Starr, who is takinglessons but will pay at a later date.11 Received a bill for $290 from Grant's Esso for gas and oil used bythe cars.12 Paid $190 for hydro, Cheque 111.13 Sent $170 to the Daily Star for advertising, Cheque 112.14 Received $400 from L. Starr to pay off amount owing for lessons,Invoice 192.

Refer below for the journal entries for the above transactions

Answered: please journalize following…

Business

Accounting

please journalize following transactions or activity thanku

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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Question

please journalize following transactions or activity thanku

2. Journalize the following transactions on journal page 299 for Wiley's
Driving School, using these accounts: Cash; Accounts Receivable/L. Starr;
Equipment; Automobiles; Accounts Payable/Grant's Esso; R. Wiley,
Capital; Revenue from Lessons; Salaries Expense; Advertising Expense;
Automobile Expense; Utilities Expense.
Aug. 1 R. Wiley invested an additional $40 000 cash.
2 Purchased equipment for $2000, Cheque 107.
4 Purchased a car from Dardick Motors for $36 000, Cheque 108.
5 Received $1700 for driving lessons, Sales Slips 293-296.
7 Paid $1300 for instructors' salaries for the week, Cheque 109.
9 Paid $275 to Bell Canada, Cheque 110.
10 Received $1800 from customers taking driving lessons, Sales Slips
297-300.
11 Issued Sales Invoice 192 for $400 to L. Starr, who is taking
lessons but will pay at a later date.
11 Received a bill for $290 from Grant's Esso for gas and oil used by
the cars.
12 Paid $190 for hydro, Cheque 111.
13 Sent $170 to the Daily Star for advertising, Cheque 112.
14 Received $400 from L. Starr to pay off amount owing for lessons,
Invoice 192.

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