Maria Sanchez operates a typing service. During the month of July, the first month of operations, the firm had the following transactions. Record these transactions on page 2 of a general journal. Omit the descriptions
July
4 Provided services for $3,550 on credit
5 Purchased a new computer for $1,250, issued a check for a $500 down
Purchased a new computer for $1,250, issued a check for a $500 down payment, with the balance payable in 30 days
7 Issued a check in the amount of $1,800 to pay a creditor on account
8 Collected $1,000 in cash from credit customers
9 Issued check for $3,000 for the August and September rent

Question

Maria Sanchez operates a typing service. During the month of July, the first month of operations, the firm had the following transactions. Record these transactions on page 2 of a general journal. Omit the descriptions
July
4	Provided services for $3,550 on credit
5	Purchased a new computer for $1,250, issued a check for a $500 down
Purchased a new computer for $1,250, issued a check for a $500 down payment, with the balance payable in 30 days
7	Issued a check in the amount of $1,800 to pay a creditor on account
8	Collected $1,000 in cash from credit customers
9	Issued check for $3,000 for the August and September rent

Quizplus · Accepted Answer

The Answer of Maria Sanchez operates a typing service. During the month of July, the first month of operations, the firm had the following transactions. Record these transactions on page 2 of a general journal. Omit the descriptions
July
4	Provided services for $3,550 on credit
5	Purchased a new computer for $1,250, issued a check for a $500 down
Purchased a new computer for $1,250, issued a check for a $500 down payment, with the balance payable in 30 days
7	Issued a check in the amount of $1,800 to pay a creditor on account
8	Collected $1,000 in cash from credit customers
9	Issued check for $3,000 for the August and September rent

Maria Sanchez Operates a Typing Service