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Question #2(25 marks) On March 1,2023 Marsha Brady established "Super Clean" dry cleaning...

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Accounting

Question #2(25 marks)
On March 1,2023 Marsha Brady established "Super Clean" dry cleaning services. During the month, Marsha completed the following transactions:
March
1 Marsha transferred cash from a personal bank account to an account to be used for the business, $100,000.
6 Purchased equipment to use in the business for $25,000, paying $2,500 cash and giving a note payable for the remainder.
8 Purchased office furniture on credit, $5,000.
10 Purchased supplies with cash, $1,500.
12 Received cash for services provided, $6,200.
15 Sent her boyfriend, Max, flowers on her personal credit card, $50.
23 Recorded services provided on account, $9,500.
28 Paid March utilities, $1,100.
29 Received cash from customers on account from March 23,$3,500.
30 Paid creditor a portion of the amount owed for office furniture purchased on March 8, $2,500.
30 Withdrew cash for personal use, $1,750.
31 Received $4,500 cash from customer for service to be provided next month.
31 Paid the next month's rent of $800.
Required: Prepare Journal Entries, on the following page, to record the above transactions. Note: Journal entry explanations are not required.
Page 3
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