the Journal entries for the November transactions. Use the following accounts : cash , account receivable, prepaid insurance,equipment,account payable,Alfonso capital,Alfonso withdrawal,landscaping revenue,salaries expense,rent expense,gas and oil expense, supplies expense,utilities expense,miscellaneous expense Juanito Alfonso landscaping service has the following transactions:   Nov.3- Alfonso deposited 250 000 in a bank in the nme of entity.N Nov.5-alfonso used trailer from Cruz sales 15 000 with down payment 6 500 and the remaining on account. Nov.6- invested personal gardening tools, with a fair market value of 8 000 in the business Nov.7- paid rent for the month 7 000 Nov.10 -acquired a used backhoe from mobile equipment 62 000 paying 34 000 in cash and the balance on account Nov.10- bought liability insurance for one year 18 000 Nov.13- performed landscaping services for flores hospital 28 000 Nov.14 - bought supplies on account from office decor 3 000 Nov.15- performed landscaping on account for Ignacio company 36 500 Nov.17- received and paid the bill from de leon service for gas and oil for 1 200 Nov.19- performed services for montecarlos on cash basis 20 300 Nov.21- paid accounts to mobile equipment 12 500 Nov. 23- collected accounts from Ignacio company Nov.26- performed landscaping services to garces company 18 250 on cash Nov.28- received and paid the telephone bill 1 750 Nov.30- paid salaries for employees 11 600 Nov.30- Alfonso withdrew 10 000 cash for personal use.

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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the Journal entries for the November transactions. Use the following accounts : cash , account receivable, prepaid insurance,equipment,account payable,Alfonso capital,Alfonso withdrawal,landscaping revenue,salaries expense,rent expense,gas and oil expense, supplies expense,utilities expense,miscellaneous expense

Juanito Alfonso landscaping service has the following transactions:

 

Nov.3- Alfonso deposited 250 000 in a bank in the nme of entity.N

Nov.5-alfonso used trailer from Cruz sales 15 000 with down payment 6 500 and the remaining on account.

Nov.6- invested personal gardening tools, with a fair market value of 8 000 in the business

Nov.7- paid rent for the month 7 000

Nov.10 -acquired a used backhoe from mobile equipment 62 000 paying 34 000 in cash and the balance on account

Nov.10- bought liability insurance for one year 18 000

Nov.13- performed landscaping services for flores hospital 28 000

Nov.14 - bought supplies on account from office decor 3 000

Nov.15- performed landscaping on account for Ignacio company 36 500

Nov.17- received and paid the bill from de leon service for gas and oil for 1 200

Nov.19- performed services for montecarlos on cash basis 20 300

Nov.21- paid accounts to mobile equipment 12 500

Nov. 23- collected accounts from Ignacio company

Nov.26- performed landscaping services to garces company 18 250 on cash

Nov.28- received and paid the telephone bill 1 750

Nov.30- paid salaries for employees 11 600

Nov.30- Alfonso withdrew 10 000 cash for personal use.

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