Please classify each transaction with Debit side and Credit side; GENERAL JOURNALS: 1] Company received...
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Accounting
Please classify each transaction with Debit side and Credit side;
GENERAL JOURNALS:
1] Company received cash $3,000 for providing services.
2] Owner invested additional $10,000 to company
3] Company purchased supplies $500 on account
4] Company received cash $15,000 in advance for future project.
5] Company received the bill from advertising company $800 and will pay later.
6] Company pay rental expenses $5,000, utilities expenses $500, salaries expenses $3,000, insurance $500
7] Company sold 100 units with total amount $1,000. Customer will pay next month
8] Company borrow money $3,000, interest rate 4% for business purpose
9] Owner withdraw $1,500 for personal use.
10] Company purchased machinery $ 8,000
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