Bridgeport Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Aug. 2 Invested $11,290 cash and $2,740 of equipment in the business.
7 Purchased supplies on account for $450. (Debit asset account.)
12 Performed services for clients, for which $1,303 was collected in cash and $689 was billed to the clients.
15 Paid August rent $634.
19 Counted supplies and determined that only $263 of the supplies purchased on August 7 are still on hand.