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New Unit 5

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Devine Brown opened Devine?s Carpet Cleaners on March 1. During March, the following transactions were completed.;Mar. 1 Invested $10,940 cash in the business.;1 Purchased used truck for $6,050, paying $3,025 cash and the balance on account.;3 Purchased cleaning supplies for $1,128 on account.;5 Paid $1,788 cash on one-year insurance policy effective March 1.;14 Billed customers $4,723 for cleaning services.;18 Paid $1,538 cash on amount owed on truck and $402 on amount owed on cleaning supplies.;20 Paid $1,648 cash for employee salaries.;21 Collected $1,926 cash from customers billed on March 14.;28 Billed customers $2,561 for cleaning services.;31 Paid gasoline for month on truck $393.;31 Withdrew $769 cash for personal use.;(a) Journalize the March transactions. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.);Date Account Titles and Explanation Debit Credit;Mar

 

Paper#76681 | Written in 18-Jul-2015

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