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32 | Balance Kris Storey, Drawing Date Item 2019 June Post Ref. Dr. Cr. Dr. Cr. Fees Earned 41 Post _ Dr. Balance 4 Cr. ItemRequired: 1. Journalize each transaction in a two-column journal beginning on Page 1, referring to the chart of accounts in sEQUITY 31 Kris Storey, Capital 32 Kris Storey, Drawing Enter the following transactions on Page 2 of the two-column journal:What is the drawing, fees earned, wages expense, rent expense, & utilities expense?

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Answer #1
Kris storey, Drawing Balance
Date Item Dr. Cr. Dr. Cr.
2019
June 30. Cash $      1,600 $      1,600
Wages expense Balance
Date Item Dr. Cr. Dr. Cr.
2019
June 30. Cash $      5,070 $      5,070
Rent expense Balance
Date Item Dr. Cr. Dr. Cr.
2019
June 30. Prepaid rent $      4,750 $      4,750
Utilities expense Balance
Date Item Dr. Cr. Dr. Cr.
2019
June 29. Cash $      3,100 $      3,100
Fees earned Balance
Date Item Dr. Cr. Dr. Cr.
2019
June 23. Accounts receivable $    11,900 $    11,900

Drawings are amounts withdrawn by proprietor. Amount withdrawn is $1,600.

Wages, rent, and utilities expenses are given recorded. Fees earned is $11,900 but cash not received for it on 23.

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