Business, 01.03.2021 21:00 michaelwthms

GL0202 (No Analysis Tab) - Based on Exercise 2-9 LO A1 Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Jan. 1 Than Nguyen, owner, invested $187,750 cash in the company. Jan. 2 The company purchased office supplies for $4,150 cash. Jan. 3 The company purchased $12,050 of office equipment on credit. Jan. 4 The company received $21,300 cash as fees for services provided to a customer. Jan. 5 The company paid $12,050 cash to settle the payable for the office equipment purchased on January 3. Jan. 6 The company billed a customer $5,600 as fees for services provided. Jan. 7 The company paid $4,125 cash for the monthly rent. Jan. 8 The company collected $3,300 cash as partial payment for the account receivable created on January 6. Jan. 9 Than Nguyen withdrew $14,700 cash from the company for personal use.

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GL0202 (No Analysis Tab) - Based on Exercise 2-9 LO A1 Prepare journal entries for each transaction...

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