Create joulrnal entries for the transactions

Assignment Help Accounting Basics

Reference no: EM131267173

Task:

1. Create joulrnal entries for the Following transactions;

2. Draw up -account or each account affected b transactions;

3. Calculate ending balances for all T-accounts.

Transactions:

March, 1: Student Corp. received fees arned from customers, $12,00

March, 4: Purchased office equipment i in account, $5,500.

March, 8: Purchased office supplies on account, $400.

March, 12: Paid office rent for February, $800.

March, 16: Received cash $4,500 from a customer as its rent payment.

March, 18: Paid utilities expense for the month of February, $320

March, 22: Paid advertising expense, $780.

March, 28: Paid creditors on account, $5500;

Reference no: EM131267173

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