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Whispering Winds Corp. provides security services. Selected transactions for Whispering Winds Corp


Whispering Winds Corp. provides security services. Selected transactions for Whispering Winds Corp. are presented below. 


Oct. 1 Issued common stock in exchange for $71,300 cash from investors. 

2 Hired part-time security consultant. Salary will be $2,200 per month. First day of work will be October 15. 

4 Paid 1 month of rent for building for $2,200. 

7 Purchased equipment for $19,400, paying $4,300 cash and the balance on account. Paid $2,000 for advertising. 

10 Received bill for equipment repair cost of $450. 

12 Provided security services for event for $3,500 on account. 

16 Purchased supplies for $440 on account. 

21 Paid balance due from October 7 purchase of equipment. 

24 Received and paid utility bill for $160. 

27 Received payment from customer for October 12 services performed 

31 Paid employee salaries and wages of $5,500. 


 (a) Journalize the transactions.

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Whispering Winds Corp

T-Accounts

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