DateAccount Titles and ExplanationDebitCreditMATEAND Data for M. Concord, interior decorator, are presented as follows.Jan. 2391116202328Invested $10,600 cash in business.Purchased used car for $3,180 cash for use in business.Purchased supplies on account for $530.Billed customers $2,544 for services performed.Paid $371 cash for advertising.Received $742 cash from customers billed on January 11.Paid creditor $318 cash on balance owed.Withdrew $1,060 cash for personal use by owner.Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount isentered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for theaccount titles and enter O for the amounts.)

General journal is a chronological accounting record of a company's financial transactions. It is…

Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter3: Journalizing Transactions

Section: Chapter Questions

Problem 3AP

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