Juan Rios acted upon his entrepreneurial spirit and started a graphic design business called Juan's Designs. Based on an excellent business plan, Juan was able to raise sufficient capital to begin operations in October.
During the month of October, the following events occurred related to the business:
Stockholders invested $ "cash in the business in exchange for common stock.
Paid $ cash for rent on an office suite for the month of October.
Purchased two desktop computers, software, and a printer for $ cash.
Purchased on account miscellaneous supplies for $ that will be used during the month.
Purchased digital advertising for $ cash, announcing the opening of his new business.
Performed $ of design work on account.
Received $ cash from customers for design work previously completed.
Paid $ cash toward the company's accounts payable balance.
Paid $ cash for employee wages.
Taccounts Trial balance
a Prepare journal entries for the October accounting transactions:
Enter or leave the field blank if no entry is required.
