Ryerson Runners provides fitness services for its customers. During August 2022, Ryerson Runners had the...
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Accounting
Ryerson Runners provides fitness services for its customers. During August 2022, Ryerson Runners had the following transactions.
| Date | Description |
| Aug 2 | Sold one-month memberships to customers for $5,500 on account. |
| Aug 4 | Received a telephone bill for $350, which will be paid next month. |
| Aug 7 | Paid an employee's salary of $2,200. |
| Aug 11 | Received $4,000 cash from customers paying in advance for upcoming one-year memberships. |
| Aug 16 | Paid $6,000 cash in advance for six months of rent. |
| Aug 21 | Received a $20,000 loan from the bank. |
| Aug 27 | Purchased equipment worth $9,000 with cash. |
REQUIRED
Journalize these transactions (only do these transactions, no ADJUSTING ENTRIES at the end of the month).
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