Question

Journalize the following transactions for Matt's Carpentry, Inc. (If no entry is required, select "No Entry for the account titles and entero 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 $910 cash. Paid $300 cash dividend to stockholders. Received $4,600 down payment from customer for services to be provided in the future. Received $675 cash from a previously billed customer for payment of services provided in the prior month. Purchased equipment for $1.900 by paying $600 cash and issued a note payable for the balance. 16 22 Date Account Titles and Explanation Debit Credit

Answer 1

Journal entries:

Date	Account Tittles and Explanation	Debit	Credit
Sep 1	Supplies a/c	$910
	To Cash a/c		$910
Sep 5	Dividend a/c	$300
	To Cash a/c		$300
Sep 7	Cash a/c	$4600
	To Unearned service revenue a/c		$4600
Sep 16	Cash a/c	$675
	To Accounts receivable a/c		$675
Sep 22	Equipment a/c	$1900
	To Cash a/c		$600
	To Notes payable a/c		$1300

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