Journalize the following transactions:
a) Purchased furniture for $5,000, paying $2,000 cash. The balance was purchased on account and must be paid within 60 days.
Date | Description | Debit | Credit |
---|---|---|---|
b)Provided $18,000 in services to customers on account.
Date | Description | Debit | Credit |
---|---|---|---|
c) Paid the administrative assistant $2,500 for salary for the current month.
Date | Description | Debit | Credit |
---|---|---|---|
d) Received $12,000 from customers for services rendered on account in the prior month.
Date | Description | Debit | Credit |
---|---|---|---|
e) Paid $3,900 in rent to the landlord for the the upcoming 3 months.
Date | Description | Debit | Credit |
---|---|---|---|
Â