Journalize the October transactions (Credit account titles are automatically indented when amount is entered. Do not indentmanually no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the apresented in the problem List all debit entries before credit entries)DateAccount TitlesTa recard the rent expense)Ta recard the salaris expere)DebitICredit Clark Ca's ledger is as follows:Oct 1 1,290 Oct 3500Oct10Cash15 2,8402185025 1,550Oct 4Accounts Receivable20 ୨୨୦6 1,070 Oct 21 8.50Supplies870EquipmentOct 3 5,350Notes PayableOctOct 12 400 OctAccounts Payable12Oct 30 53030 5303128031 590A. Clark, CapitalOct 28 350A. Clark, DrawingsOct 31 280Service RevenueOct3 5,02028Oct 31 590Salaries Exper|330400Oct 1 1,28025 1,550Advertising ExpenseRent Expense8703506 1,0701015 2,94020500890

The journal entries are prepared to record the transactions on a regular basis. The T-accounts are…

Clark Ca's ledger is as follows: Oct 1 1,280 Oct 3 Oct 10 Oct Cash 15 2,840 21 850 25 1,550 500 Oct 6 1,070 Oct 21 4 Accounts Receivable 20 890 Oct 12 Supplies 870 Equipment 3 5,350 12 400 30 530 31 280 31 590 Notes Payable Oct Accounts Payable Oct 30 530 3 5,020 A. Clark, Capital 330 400 Oct 4 870 28 350 A. Clark, Drawings 850 Oct 1 1,280 25 1,550 Service Revenue 10 Oct 6 1,070 500

Clark Ca's ledger is as follows: Oct 1 1,280 Oct 3 Oct 10 Oct Cash 15 2,840 21 850 25 1,550 500 Oct 6 1,070 Oct 21 4 Accounts Receivable 20 890 Oct 12 Supplies 870 Equipment 3 5,350 12 400 30 530 31 280 31 590 Notes Payable Oct Accounts Payable Oct 30 530 3 5,020 A. Clark, Capital 330 400 Oct 4 870 28 350 A. Clark, Drawings 850 Oct 1 1,280 25 1,550 Service Revenue 10 Oct 6 1,070 500

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 4.9C

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