21 May HOW DO I ENTER THE FOLLOWING IN AN ACCOUNTING JOURNAL?
How do I enter the following in an accounting journal? Which are debits/credits?
3 Purchased supplies, $200, and equipment, $2800, on account.
4 Performed services for?a client and received cash, $1400.
7 Paid cash to acquire land, $22,000
11 performed services for a customer and billed the customer, $1,000. O’Shea expects to collect within one month.
16 Paid for equipment purchased October 3 on account
17 Paid the telephone bill $150
18 Received partial payment from customer on account, $500
22 paid the water and electricity bills, $170
29 Received 1600 cash for servicing the heating unit of a customer
31 Paid employee salary 1900
31 Declared and paid dividends of 2,000
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