Reference no: EM132974767
Question - Here are the following transactions of Rayner. Co on January 2021:
January 2nd -> January's office rental payment at price of $1.500.000
January 3rd -> Equipment bought for $2.500.000, paid in cash $1.000.000 while the remaining was paid in credit
January 7th -> Advertisement cost paid at $300.000
January 10th -> Received customer's order $4.000.000. Customer paid $1.700.000 and the rest of it will be paid by the end of February, 2021
January 15th -> Paid a debt $750.000
January 20th -> Miscellaneous expenses paid for $350.000
January 27th -> Received payment from customer $7.500.000 for a project done.
January 28th -> Staff's salary expenses at $4.500.000
Required - Create the journals to record all the transactions mentioned above.
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