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.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Date
Account Titles and Explanation
Debit
Credit
MATE
AND
Transcribed Image Text:Date Account Titles and Explanation Debit Credit MATE AND
Data for M. Concord, interior decorator, are presented as follows.
Jan. 2
3
9
11
16
20
23
28
Invested $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 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.)
Transcribed Image Text:Data for M. Concord, interior decorator, are presented as follows. Jan. 2 3 9 11 16 20 23 28 Invested $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 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.)
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