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Please create the journal entry for each transaction in the general journal. LeBron is a licensed CPA. During the first month of operations of his business (a sole proprietorship), the following events

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Answer #1

Journal entry

Date General Journal Debit Credit
Apr 2 Cash 73600
Equipment 32200
Owner's capital 105800
Apr 2 No Journal entry
Apr 3 Supplies 1610
Account payable 1610
Apr 7 Rent expense 1380
Cash 1380
Apr 11 Account receivable 2530
Service revenue 2530
Apr 12 Cash 7360
Unearned service revenue 7360
Apr 17 Cash 5290
Service revenue 5290
Apr 21 Insurance expense 253
Cash 253
Apr 28 Computer 14030
Owner's Capital 14030
Apr 30 Salaries expense 2668
Cash 2668
Apr 30 Supplies expense 500
Supplies 500
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