After operating for several months architect edmond


After operating for several months, architect Edmond Roberge completed the following transactions during the later part of the month. What are the journal entries for the following:
Jul 15 borrowed $29,000 from the bank signing a note payable.
22 performed service for clients on account totaling $8800.
28 received $5700 cash on account from clients.
29 received a utility bill of $900, an account payable that will be paid during August.
31 paid monthly salary of $3400 to employee.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: After operating for several months architect edmond
Reference No:- TGS0782955

Now Priced at $15 (50% Discount)

Recommended (93%)

Rated (4.5/5)