30 Performed services for $7,325 in cash. 30 Paid $220 for monthly telephone bill, Check 1005.

Post the journal entries that you prepared for Exercise 4.2 to the general ledger. Use the account names shown in Exercise 4.2. In exercise 101 Cash 111 Accounts Receivable 121 Supplies 131 Equipment 141 Automobile 202 Accounts Payable 301 Zack Mason, Capital 302 Zack Mason, Drawing 401 Fees Income 511 Rent Expense 514 Salaries Expense 517 Telephone Expense DATE TRANSACTIONS 2019 Sept. 1 Zack Mason invested $30,000 in cash to start the firm. 4 Purchased office equipment for $3,250 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients; issued Check 1001 for $15,000 in full payment. 20 Purchased supplies for $260; paid immediately with Check 1002. 23 Returned damaged supplies for a cash refund of $85. 30 Issued Check 1003 for $2,100 to Den, Inc., as payment on account for Invoice 9823. 30 Withdrew $1,500 in cash for personal expenses. 30 Issued Check 1004 for $3,500 to pay the rent for October. 30 Performed services for $7,325 in cash. 30 Paid $220 for monthly telephone bill, Check 1005. View Solution:
Post the journal entries that you prepared for Exercise 4 2

Thanks for installing the Bottom of every post plugin by Corey Salzano. Contact me if you need custom WordPress plugins or website design.