(2) Jonh Robinson oens her own law office on July 1, 2020. During the first...
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(2) Jonh Robinson oens her own law office on July 1, 2020. During the first month of operations, the following transactions occurred: July 01: Invested Tk. 10,000 in cash in the law practices. July 02: Paid Tk. 800 cash for rent on office space. July 03: Purchased office equipment on account Tk. 3,000. July 04: Provided legal services to clients for cash Tk. 1,500. July 05: Borrowed Tk. 17,000 cash from a bank on a note payable. July 06: Performed legal services for a client on account Tk. 2,000. July 07: Salaries paid to employee in cash Tk. 4,000. Required: Prepare journal entries.
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