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In need of assistance in journalizing these entries correctly.
Journalize the following transactions in the general journal using the following blank form (make as many copies as needed). Each journal entrys debits should equal its credits. This is a fundamental GAAP that cant be violated. (Ajournal entry error, such as posting $1,010 instead of $1,100, can be corrected at the adjusting correcting journal entries step.) 2. a. On January 1, 2018, a payment in cash for $12,000 is made for prepaying rent for the entire year 2018. b. On January 4, 2018, accounting services are performed and payment is c. On January 9, 2018, a payment in cash for advertising is made in the d. On January 10, 2018, office supplies are purchased in the amount of $75 e. On January 14, 2018, accounting services are performed and payment is f. On January 20, 2018, the telephone bill for the amount of $660 is received g. On January 20, 2018, the utilities bill for $2,925 is received. The bil received in cash for the amount of $1,900. amount of $850 with cash. received in cash for the amount of $2,725 and paid with cash be paid until its due on February 15, 2018. wont
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Sr. No Date Accounts Post Ref. Debit Credit a 1-Jan-18 Prepaid Rent $12,000 Cash $12,000 To record rent payment for the year 2018) b 4-Jan-18 Cash $1,900 Service Revenue $1,900 To record service revenue) c 9-Jan-18 Advertising Expense $850 Cash $850 To record advertising expense) d 10-Jan-18 Office Supplies $75 Cash $75 To record purchase of office supplies) e 14-Jan-18 Cash $2,725 Service Revenue $2,725 To record service revenue f20-Jan-18 Telephone Expense $660 Cash $660 To record telephone expense) 20-Jan-18 Utilities Expense $2,925 Accounts Payable To record utilities expense) $2,925 h 27-Jan-18 Accounts Receivable $3,750 Service Revenue $3,750 To record service revenue) 28-Jan-18 Advertising Expense $1,500 Cash $1,500 To record advertising expense)

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