The transactions of The Lou Corporation were as follows.
- May 4 Paid $1,700 due for supplies previously purchased on account.
- 7 Performed advisory services on account for $7,500.
- 8 Purchased supplies for $850 on account.
- 9 Purchased equipment for $1,000 in cash.
- 17 Paid employees $530 in cash.
- 22 Paid received bill for equipment repairs of $900.
- 29 Paid $1,200 for 12 months of insurance policy. Coverage begins June 1.
Instructions
Journalize the transactions below. Do not provide explanations