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Business, 22.09.2020 14:01 jacobdismuke5093

Carla Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. Aug. 2 Invested $11,280 cash and $2,340 of equipment in the business.
7 Purchased supplies on account for $550. (Debit asset account.)
12 Performed services for clients, for which $1,348 was collected in cash and $631 was billed to the clients.
15 Paid August rent $617.
19 Counted supplies and determined that only $291 of the supplies purchased on August 7 are still on hand.

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