Question

Requirement 1. Record the

AprilApril

transactions in the journal. Include an explanation for each entry. (Record debits first, then credits. Select the explanations on the last line of the journal entry table. Check your spelling carefully and do not abbreviate. When applicable, use only the account names provided in the trial balance.)

Apr.Apr.

Requirement 1. Record the April transactions in the journal. Include an explanation for each entry. (Record debits first, then credits. Select the explanations on the last line of the journal entry table. Check your spelling carefully and do not abbreviate. When applicable, use only the account names provided in the trial balance.) Apr. 4: Collected $1,500 cash from a client on account. Debit Credit Date Accounts and Explanation Apr. 4

Answer 1

Date	Accounts and Explanation	Debit	Credit
Apr. 4	Cash	1500
	Accounts receivable		1500
	(To record cash collected on account)
Apr. 8	Accounts receivable	6300
	Service revenue		6300
	(To record services performed on account)
Apr. 13	Accounts payable	2400
	Cash		2400
	(To record cash paid on account)
Apr. 14	Furniture	2800
	Accounts payable		2800
	(To record furniture purchased on account)
Apr. 15	Automobile	7000
	Common stock		7000
	(To record common stock issued for automobile)
Apr. 18	Office supplies	550
	Accounts payable		550
	(To record office supplies purchased on account)
Apr. 19	Cash	3150
	Accounts receivable		3150
	(To record cash collected on account)
Apr. 20	Dividends	8500
	Cash		8500
	(To record payment of cash dividends)
Apr. 21	Cash	3300
	Service revenue		3300
	(To record cash collected for services rendered)
Apr. 24	Cash	1700
	Unearned revenue		1700
	(To record cash collected for unearned revenue)
Apr. 27	Rent expense	1300
	Cash		1300
	(To record payment of office rent)
Apr. 28	Salaries expense	1200
	Cash		1200
	(To record payment of employee salary)