Question

Journalize the following transactions for JD TOP Associations, Inc incurred during the month of July19x4

G-lul Intin capital deposted in bank 10- Mice supplies purchased paying $1000 with balance on count 20-1 Bling to Jones County Board of Education 25-ul Solaries-emloyee Benrol 2-M Padone for computer u Cost of expended up

Answer 1

Journal Entries
Date	Particulars			Debit	Credit
6-Jul	Cash			$ 12,000.00
	To Owner's Capital				$ 12,000.00
10-Jul	Office Supplies			$      250.00
	To Cash				$      250.00
12-Jul	Computer			$   3,500.00
	To Cash				$   1,000.00
	To Accounts Payable				$   2,500.00
15-Jul	Office Rent			$      425.00
	To Cash				$      425.00
20-Jul	Accounts Receivable			$   1,255.00
	To Service Revenue				$   1,255.00
25-Jul	Salaries			$      655.00
	To Cash				$      655.00
28-Jul	Accounts Payable			$      800.00
	To Cash				$      800.00
30-Jul	Supplies Expense			$      145.00
	To Supplies				$      145.00