DATE
|
TRANSACTIONS
|
|
Helen Kennedy invested $61,000 cash in the business.
|
2
|
Paid October office rent of $3,050; issued Check 1001.
|
5
|
Purchased desks and other office furniture for $13,900 from Office Furniture Mart, Inc.; received Invoice 6704 payable in 60 days.
|
6
|
Issued Check 1002 for $3,250 to purchase art equipment.
|
7
|
Purchased supplies for $1,600; paid with Check 1003.
|
10
|
Issued Check 1004 for $490 for office cleaning service.
|
12
|
Performed services for $4,150 in cash and $1,950 on credit. (Use a compound entry.)
|
15
|
Returned damaged supplies for a cash refund of $290.
|
18
|
Purchased a computer for $3,050 from Office Furniture Mart, Inc., Invoice 7108; issued Check 1005 for a $1,775 down payment, with the balance payable in 30 days. (Use one compound entry.)
|
20
|
Issued Check 1006 for $6,950 to Office Furniture Mart, Inc., as payment on account for Invoice 6704.
|
26
|
Performed services for $4,450 on credit.
|
27
|
Paid $270 for monthly telephone bill; issued Check 1007.
|
30
|
Received $3,750 in cash from credit customers.
|
30
|
Mailed Check 1008 to pay the monthly utility bill of $345.
|
30
|
Issued Checks 1009–1011 for $8,050 for salaries.
|