Question

Calculator Journalize the following five transactions for Newman & Associates, Inc. March 1 9 Bills are sent to clients for services provided in February in the amount of $800. Comer Office, Inc. delivers office furniture ($1,060) and office supplies ($160) to Newman, leaving an invoice for $1,220. Payment is made to Corner Office, Inc. for the furniture and office supplies delivered on March 9. A bill for $430 for electricity for the month of March is received and will be paid on its due date in April. Salaries of $850 are paid to employees. 15 23 31 For a compound transaction, if an amount box does not require an entry, leave it blank or enter "o". March 1 March 9 WI March 15 II ml March 23 March 31

Answer 1

General Journal

Date	Account Title and Explanation	Debit	Credit
March.01	Accounts Receivable	$800
	Service Revenue		$800
March.09	Office Furniture	$1,060
	Office Supplies	$160
	Accounts Payable		$1,220
March.15	Accounts Payable	$1,220
	Cash		$1,220
March.23	Electricity Expenses	$430
	Accounts Payable		$430
March.31	Salaries Expenses	$850
	Cash		$850