[turayo]

2. Journalize the following business transactions in general journal
Form. Identify each transaction by number. You may omit
Explanations of the transactions.

1. The owner, Mike Cline, invests $35,000 in cash in starting a
Real estate office operating as a sole proprietorship.

2. Purchased $400 of office supplies on credit.

3. Purchased office equipment for $6,000, paying $2,000 in cash
And signed a 30-day, $4,000, note payable.

4. Real estate commissions billed to clients amount to $4,000.

5. Paid $700 in cash for the current month's rent.

6. Paid $200 cash on account for office supplies purchased in
Transaction 2.

7. Received a bill for $600 for advertising for the current month.

8. Paid $2,200 cash for office salaries.

9. Cline withdrew $1,200 from the business for living expenses.

10. Received a check for $3,000 from a client in payment on account
For commissions billed in transaction 4.

[Superfly999]

Post what you think the answers are first. Do to policies here, we can't help you much unless you try first. After you do this we can help you all you like :D I'll watch for your reply to help you out.

[turayo]

OK thanks

[bhet]

Try to ans it first, maybe someone would help you in the prob.