How to make a Journal Spreadsheet with the given information? 1...
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Accounting
How to make a Journal Spreadsheet with the given information?
1 Aaron Hideaway invested $15,000 and a truck, with a market value of $3,000, in the business.
2 The business paid $4,000 to Pleasant Properties for November through February rent. (Hint: Debit Prepaid Rent.)
3 Paid $4,800 for a business insurance policy for the term November 1, 2019, through October 31, 2020. (Hint: Debit Prepaid Insurance.)
4 Purchased cleaning supplies on account, $320.
5 Purchased on account an industrial vacuum cleaner costing $1,500. The invoice is payable November 25.
7 Paid $3,900 for a computer and printer.
9 Performed cleaning services on account in the amount of $4,700.
10 Received $200 for services rendered on November 9.
15 Paid employees, $400.
16 Received $15,000 for a 1-year contract beginning November 16 for cleaning services to be provided. Contract begins November 16, 2019, and ends
November 15, 2020. (Hint: Credit Unearned Revenue.)
17 Provided cleaning services and received $400 cash.
18 Received a utility bill for $175 with a due date of December 4, 2019.
20 Borrowed $36,000 from bank and signed a note payable with interest rate of 6% per year.
21 Received $500 on account for services performed on November 9.
25 Paid $750 on account for vacuum cleaner purchased on November 5.
29 Paid $200 for advertising.
30 Aaron Hideaway withdrew cash of $1,400 from the business.
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