Wagner & Sons, Inc. perform property appraisals for commercial real estate transactions. Â The following transactions were completed in July 2013.
July 1 | Purchased $330 in office supplies on account. |
July 2 | Wrote a check for a $700 utility bill. |
July 3 | Paid $850 in accrued salaries. |
July 8 | Received $3,675 on customer accounts. |
July 10 | Met with a professional association of commercial realtors to promote their services. |
July 12 | Conducted five appraisals and invoiced SLL Commercial Real Estate, Inc. for $11,000. |
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Prepare journal entries using the transation analysis above. Â Â If no journal entry is required, indicate that in the account description.
Date | Description | Debit | Credit |
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July 1 | |||
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July 8 | |||
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July 12 | |||
July 12 |