Question

During the first month of operations (Juy), a bookkeeping firm had the following transactions July 4 Provided services for $2,258 on credit. sued a check 5 Purchased a new conputer for $1,6ee, issued a check for a $788 down payment, with the balance payable in 38 days 7 Issued a check in the amount of $2,789 to pay a creditor on account 8 Collected $3,348 in cash from credit customers 9 Issued check for $4,488 for the August and September rent on check for sA 12 the Augus t istomers points Prepare joumal entries to record the above transactions. 00-s0s9 View transaction list Journal entry worksheet Provided services for $2.250 on credit. Note: Enter debits before credts July 04 Clear entry View general Record entry
please make similar to chart so I can understand how it was solved.

Answer 1

Date General journal Debit Credit $ 2,250 4-JuAccounts Receivable $ 2,250 Service revenue (to record Service provided on Credit) $ 1,600 5-Jul Computer $ 780 Cash $ 820 Account Payable (to record Purchase of Computer) $ 2,700 7-Jul Accounts Payable $ 2,700 Cash to record payment to creditor) $ 3,340 8-ul Cash $ 3,340 Accounts Receivable (to record Cash received from Customer $ 4,400 9-Jul Prepaid Rent Cash $ 440 (to record Prepaid rent for august and September)