Mahmood establishing his photography studio December 1, 2021. During the first month of operations the following transactions occured: 1 Mahmood invested $25.000 cash in his business. 5 Paid office...


Mahmood establishing his photography studio December 1, 2021.<br>During the first month of operations the following transactions<br>occured:<br>1 Mahmood invested $25.000 cash in his business.<br>5 Paid office rent for the month $2.300.<br>Dec<br>7 Performed services worth S3.800: $2.000 cash is<br>received trom customers and the balance is biled to<br>customers on account<br>9 Purchased supplies on account for $1,100 from Digital<br>Shot Company.<br>15 Recelved S3.500 cash advance from customer for<br>photography services<br>20 Received $1,000 cash from customers billed on Dec 5.<br>28 Paid S680 to Digital Shot Companny for accounts payable<br>due<br>REQUIRED:<br>Prepare joumal entries to recond each transaction occurred during<br>December 2021.<br>

Extracted text: Mahmood establishing his photography studio December 1, 2021. During the first month of operations the following transactions occured: 1 Mahmood invested $25.000 cash in his business. 5 Paid office rent for the month $2.300. Dec 7 Performed services worth S3.800: $2.000 cash is received trom customers and the balance is biled to customers on account 9 Purchased supplies on account for $1,100 from Digital Shot Company. 15 Recelved S3.500 cash advance from customer for photography services 20 Received $1,000 cash from customers billed on Dec 5. 28 Paid S680 to Digital Shot Companny for accounts payable due REQUIRED: Prepare joumal entries to recond each transaction occurred during December 2021.

Jun 10, 2022
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