Transactions: May 1. Received cash from owner as an investment, $8,000.00. R1. 2. Paid cash for supplies, $150.00. C1. 3. Paid cash for rent, $450.00. C2. 4. Bought supplies on account from Archer...


Transactions:<br>May 1. Received cash from owner as an investment, $8,000.00. R1.<br>2. Paid cash for supplies, $150.00. C1.<br>3. Paid cash for rent, $450.00. C2.<br>4. Bought supplies on account from Archer Supplies, $850.00. M1.<br>5. Paid cash for electric bill, $123.00. C3.<br>8. Paid cash on account to Archer Supplies, $500.00. C4.<br>8. Received cash from sales, $490.00. T8.<br>8. Sold services on account to Zachary's Limos, $225.00. S1.<br>9. Paid cash for insurance, $600.00. C5.<br>10. Paid cash for repairs, $194.00. C6.<br>10. Received cash from sales, $238.00. T10.<br>11. Paid cash for miscellaneous expense, $20.00. C7.<br>11. Received cash from sales, $315.00. T11.<br>12. Received cash from sales, $450.00. T12.<br>15. Raid cash to owner as a withdrawal of equity for personal use, $2,000.00. C8.<br>15. Received cash from sales, $425.00. T15.<br>16. Paid cash for supplies, $550.00. C9.<br>17. Received cash on account from Zachary's Limos, $115.00. R2.<br>17. Bought supplies on account from OK Supplies, $300.00. M2.<br>17. Received cash from sales, $250.00. T17<br>19. Received cash from sales, $325.00. T19.<br>22. Bought supplies on account from OK Supplies, $30.00. M3.<br>22. Received cash from sales, $305.00. T22.<br>23. Sold services on account to Zachary's Limos, $291.00. S2.<br>24. Patd.cash for advertising, $75.00. C10.<br>24. Received cash from sales, $150.00. T24,<br>25. Received cash from sales, $385.00. T25.<br>26. Paid cash for supplies, $45.00. C11.<br>26. Received cash from sales, $150.00. T26.<br>29. Received cash on account from Zachary's Limos, $175.00. R3.<br>31. Paid cash to owner as withdrawal of equity, $2,250.00. C12.<br>31. Received cash from sales, $250.00. T31.<br>structions:<br>The journal for Sadie's Car Wash is given in the Working Papers. Use page 1 of the journal to journalize<br>the transactions for May 1 through May 15. Source documents are abbreviates as follows: check, C;<br>memorandum, M; receipt, R; sales invoice, S; calculator tape, T.<br>Jse page 2 of the journal to journalize the transactions for the remainder of May.<br>

Extracted text: Transactions: May 1. Received cash from owner as an investment, $8,000.00. R1. 2. Paid cash for supplies, $150.00. C1. 3. Paid cash for rent, $450.00. C2. 4. Bought supplies on account from Archer Supplies, $850.00. M1. 5. Paid cash for electric bill, $123.00. C3. 8. Paid cash on account to Archer Supplies, $500.00. C4. 8. Received cash from sales, $490.00. T8. 8. Sold services on account to Zachary's Limos, $225.00. S1. 9. Paid cash for insurance, $600.00. C5. 10. Paid cash for repairs, $194.00. C6. 10. Received cash from sales, $238.00. T10. 11. Paid cash for miscellaneous expense, $20.00. C7. 11. Received cash from sales, $315.00. T11. 12. Received cash from sales, $450.00. T12. 15. Raid cash to owner as a withdrawal of equity for personal use, $2,000.00. C8. 15. Received cash from sales, $425.00. T15. 16. Paid cash for supplies, $550.00. C9. 17. Received cash on account from Zachary's Limos, $115.00. R2. 17. Bought supplies on account from OK Supplies, $300.00. M2. 17. Received cash from sales, $250.00. T17 19. Received cash from sales, $325.00. T19. 22. Bought supplies on account from OK Supplies, $30.00. M3. 22. Received cash from sales, $305.00. T22. 23. Sold services on account to Zachary's Limos, $291.00. S2. 24. Patd.cash for advertising, $75.00. C10. 24. Received cash from sales, $150.00. T24, 25. Received cash from sales, $385.00. T25. 26. Paid cash for supplies, $45.00. C11. 26. Received cash from sales, $150.00. T26. 29. Received cash on account from Zachary's Limos, $175.00. R3. 31. Paid cash to owner as withdrawal of equity, $2,250.00. C12. 31. Received cash from sales, $250.00. T31. structions: The journal for Sadie's Car Wash is given in the Working Papers. Use page 1 of the journal to journalize the transactions for May 1 through May 15. Source documents are abbreviates as follows: check, C; memorandum, M; receipt, R; sales invoice, S; calculator tape, T. Jse page 2 of the journal to journalize the transactions for the remainder of May.
Jun 03, 2022
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