[thalialex]

Please, review if correct.
Thank you,


Completed the series of advertisements for Marsh Tire Company that began on January 31. Billed the company for the total services performed, $800.

Acc. rec. 800 debit
Service revenue 800 credit

Additional art equipment invested in the business by Joan Miller, $1,400

Art Equipment $1400 debit
Rusell, Capital 1,400 credit

Purchased copier from Morgan Equipment for $2100 paying $350 cash and agreeing to pay the rest in equal payments over the next 5 months.

Is it office equipment or just equipment $2100 debit
Cash 350 debit
Acc. Pay. $1750 credit

[pready]

Your last entry should be:
Debit Office Equipment for $2100
Credit Cash for $350
Credit Accounts Payable for the difference between your debits and credits.

The rest of your entries look correct.

[thalialex]

Thank you