Question

Current Attempt in Progress Journalize the following transactions for Cullumber Company. (If no entry is required, select "No Entry for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Sept. 1 5 7 Purchased supplies for $1,100 cash. Paid $490 cash dividend to stockholders. Received $6,300 down payment from customer for services to be provided in the future. Received $850 cash from a previously billed customer for payment of services provided in the prior month. Purchased equipment for $3,800 by paying $1,500 cash and issued a note payable for the balance. 16 22 Date Account Titles and Explanation Debit Credit MacBook Air

Answer 1

9 h General Journal of Cullumber Co. Date Acounts Title Credit ($) Duis) 11oo Sep 1 1100 supplies Cash (for supplies purchased for cash) 490 Sep 5. Dividend payable 490 Cash (for cash dividend paid to stockholders) 6300 Sep? Cash umearned / Deferred 6300 revenu (for down payment received for services to be provided in futures 850 A Cash Sep 16 850 Accounts Receivable (for cash received from a previously billed customes) 3800 sepa Equipment Cash 1500 Note payabe 2300 ( (for equipment puchared partly by cash & part by noter payables