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• Journalize the transactions for the month of July, 2019, beginning on page GJ 1. Be sure and list the Debit Account(s) first; Credit Account(s) next. Be sure and write a brief explanation for each transaction.

You made the following transactions for Floral & Fauna Landscaping during the month of July:

July 1 You deposited $25,000 in a bank account in the name of the business.

1 You invested your personal gardening equipment, with a fair market value of $1,500, in the business.

6 Bought a used trailer on account from Trailers R Us , $800, Inv. #286.

7 Paid the rent for July, $1485, Ck. # 1000.

8 Bought a used backhoe from Deere Equipment, $8,500, paying $4,000 in cash and placing the balance on account, Inv. #3562, Ck. # 1001.

10 Bought liability insurance for one year, $2,400, Ck. #1002.

11 Sold landscaping services on account to Bel-Red Business Park, $2,225, Inv. #100.

15 Bought supplies on account from Garden Suppliers, Inc., $1,585, Inv. #6283.

16 Sold landscaping services on account to Phylla Dendron, $1,850, Inv. #101.

18 Received and paid the bill from Gas To Go for gas and oil for the equipment, $95, Ck. #1003.

19 Sold landscaping services for cash to A Chinzy Company, $1,978, Inv. #102.

20 Paid on account to Trailers R Us, $600, Inv. #286, Ck #1004.

21 Received on account from Bel-Red Business Park, $725, Inv. 100.

22 Sold landscaping services on account to Bonsai, Inc.,$1,626, Inv. #103.

25 Received and paid the utility bill, $184, Ck. #1005.

30 Paid salaries of the employees, $3,000, Ck. #1006.

31 You withdrew cash for your personal use, $1,500, Ck. #1007.

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