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  Answer this Question    Ask about Accounting    Ask about another Subject  
 

Tristan3406
Aug 25, 2007, 06:17 PM
I need help with this subject called accounting? I am fairly new so any help would help!


I have know idea where to put the transactions!

1. Purchased a used van for deliveries for $12,000.Paid $2,000 cash and signed a note payable for the remaining balance.
2. Paid $500 for office rent for the month.
3.Performed $4,400 of services on account.
4.Received a cash payment of $1,250 for services provided.
5.Purchased gasoline for $100 on account
6. Received a cash payment of $1,500 for services provided.
7. Made a cash payment of services of $500 on the not payable.
8. Paid $250 for utilities.
9Paid for the gasoline purchased on account.