Prepare Journal Entries For The Transactions For Gordon Co For The Month Of July 2021 7 2 Barry Gordon Invested 30 000 1 (40.22 KiB) Viewed 59 times
Prepare Journal Entries For The Transactions For Gordon Co For The Month Of July 2021 7 2 Barry Gordon Invested 30 000 2 (50.89 KiB) Viewed 59 times
Prepare journal entries for the transactions for Gordon Co for the month of July 2021. 7/2 Barry Gordon invested 30,000 to start the business 7/3 Paid 1,100 for the current month's rent 7/5 Purchased 1,500 of supplies on account. 7/9 Purchased advertising from Evening Journal at a cost of 1,250 payable in 15 days. 7/15 Provided 2,000 of service to H Co. collected 500 cash and balance on account 7/19 Paid for advertising purchased from the Evening Journal on 7/9 7/21 Purchased equipment from T Co. for 6,500, paid cash 1,500 and balance on account 7/24 Hired assistant at a salary of 750 per week 7/28 Received 1,000 cash advance for service to be provided in August 7/29 Received utility bill for 225 7/30 Collected accounts receivable from H Co. 7/31 Gordon withdrew 2,000 cash for personal use 7/31 Paid assistant 750 salary for the week.
GENERAL JOURNAL Page 1 Date Account Titles & Explanation Ref. Debit Credit
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