Question

Your answer is partially SSIGNMENT RESOURCES Chapter 3 Homework ge De Exercise 3.05 Cercise-01 BOE 302 Journalize the following transactions for Matt's Carpentry, Inc. (Il ne entry is requirt indented when amount is entered. Do not indent manually. Record journal entries in the order Sept. 1 Purchased supplies for $910 cash 5 Paid $300 cash dividend to stockholders 7 Received $4,600 down payment from customer for services to be provided in the future. 16 Received $675 cash from a previously billed customer for payment of services provided in the prior month 22 Purchased equipment for $1,900 by paying $600 cash and issued a note payable for the balance, Account Titles and Explanation Debit Credit Sept 1 Supplies 910 910 Review Score Review Results by Study Objective Cash 300 300 Sept. 5 Dividends Cash 4600 Cash 1600 Sept. 2 v Prepaid Insurance 679 675 Sept. 160 Accounts Receivable Sons, Inc. All Rights Reserved. A Division of an Wiley & Sons Inc

Answer 1

Journal Entries in Matt's Carpentry -

Date	Account Tittles and Explanation	Debit	Credit
01-Sep	Supplies	$910
	Cash		$910
05-Sep	Dividend	$300
	Cash		$300
07-Sep	Cash	$4,600
	Unearned Service Revenue		$4,600
16-Sep	Cash	$675
	Accounts Receivable		$675
22-Sep	Equipment	$1,900
	Cash		$600
	Notes Payable		$1,300

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