Chapter 2, Problem 13EA

Record the transactions in E6A in the general journal.

1. a. Collin Ferdinand opened Ferdinand Repair Service by investing $8,600 in cash and $3,200 in repair equipment.
2. b. Paid $800 for the current month’s rent.
3. c. Purchased repair supplies on credit, $1,000.
4. d. Purchased additional repair equipment for cash, $600.
5. e. Paid salary to an employee, $900.
6. f. Paid $400 of amount purchased on credit in c.
7. g. Accepted cash for repairs completed, $3,720.
8. h. Withdrew $1,200 in cash.