Business, 25.01.2020 03:31 nick607

Skysong crusher is a licensed cpa. during the first month of operations of her business (a sole proprietorship), the following events and transactions occurred.

april 2 invested $27,070 cash and equipment valued at $12,900 in the business.

2 hired an administrative assistant at a salary of $255 per week payable monthly.

3 purchased supplies on account $833. (debit an asset account.)

7 paid office rent of $546 for the month.

11 completed a tax assignment and billed client $1,160 for services rendered. (use service revenue account.)

12 received $2,589 advance on a management consulting engagement.

17 received cash of $2,201 for services completed for ferengi co.

21 paid insurance expense $100. 30 paid administrative assistant $1,020 for the month.

30 a count of supplies indicated that $122 of supplies had been used.

30 purchased a new computer for $5,266 with personal funds. (the computer will be used exclusively for business purposes.)

journalize the transactions in the general journal.

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Skysong crusher is a licensed cpa. during the first month of operations of her business (a sole prop...