Transactions for the Triple H Services company for the month of November are presented below:
1. Henry Highhat invested an additional $36,000 cash in the business.
2. Purchased land costing $18,000 for cash.
3. Purchased equipment costing $15,000 for $4,500 cash and the remainder on account.
4. Purchased supplies on account for $800.
5. Paid $3,000 for a one-year insurance policy.
6. Received $2,000 cash for services performed.
7. Received $4,000 for services previously performed on account.
8. Paid wages to employees for $2,500.
9. Paid $400 to Henry Highhat, the company's owner.
Instructions
Journalize each transaction and identify each transaction by number. You may omit journal explanations.

Question

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The Answer of Transactions for the Triple H Services company for the month of November are presented below:
1. Henry Highhat invested an additional $36,000 cash in the business.
2. Purchased land costing $18,000 for cash.
3. Purchased equipment costing $15,000 for $4,500 cash and the remainder on account.
4. Purchased supplies on account for $800.
5. Paid $3,000 for a one-year insurance policy.
6. Received $2,000 cash for services performed.
7. Received $4,000 for services previously performed on account.
8. Paid wages to employees for $2,500.
9. Paid $400 to Henry Highhat, the company's owner.
Instructions
Journalize each transaction and identify each transaction by number. You may omit journal explanations.

Transactions for the Triple H Services Company for the Month