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Create the journal entries to record the start up costs

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Reference no: EM132641212

Question - Create the journal entries to record the start up costs of the following info, and then prepare a start up balance sheet:

Expense list:

- A computer that is compatible with excel, spreadsheet, and quickbooks. $500

- Access to high-speed internet. $100

- Office Supplies. $100

- Office equipment (scanners, fax machines, desk and chair. $500

- Quickbooks course at a Dallas Community college. $177

- Errors & ommissions insurance downpayment (used for any damages, omitions or errors. $200

- Business license. $70

- Quickbooks online software. $300

- Website domain name. $50

- Cellphone bill used to call clients. $50

- Storage cabinets. $200

- Business cards. $20

Reference no: EM132641212

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