Recording transactions in the general journal.The transactions listed below took place at...

ASSETS

REVENUE

101 Cash

401 Fees Income

111 Accounts Receivable

EXPENSES

141 Equipment

501 Cleaning Supplies Expense

LIABILITIES

502 Equipment Repair Expense

202 Accounts Payable

503 Office Supplies Expense

511 Rent Expense

OWNER’S EQUITY

514 Salaries Expense

301 Gladys Cardenas, Capital

521 Telephone Expense

302 Gladys Cardenas, Drawing

524 Utilities Expense

DATE

TRANSACTIONS

Sept. 1

Gladys Cardenas invested $12,500 in cash to start the business.

5

Performed services for $1,400 in cash.

6

Issued Check 1000 for $900 to pay the September rent.

7

Performed services for $1,800 on credit.

9

Paid $200 for monthly telephone bill; issued Check 1001.

10

Issued Check 1002 for $115 for equipment repairs.

12

Received $488 from credit clients.

14

Issued Checks 1003-1004 for $4,500 to pay salaries.

18

Issued Check 1005 for $350 for cleaning supplies.

19

Issued Check 1006 for $300 for office supplies.

20

Purchased equipment for $3,000 from Reese Equipment, Inc., Invoice

1012; issued Check 1007 for $1,000 with the balance due in 30 days.

22

Performed services for $2,475 in cash.

24

Issued Check 1008 for $215 for the monthly electric bill.

26

Performed services for $1,800 on account.

30

Issued Checks 1009-1010 for $4,500 to pay salaries.

30

Issued Check 1011 for $1,500 to Gladys Cardenas to pay for personal

expenses.