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    reanneraymundo Posts: 1, Reputation: 1
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    Feb 23, 2012, 03:28 AM
    How to journalize account?
    How to journalize these entries..

    Jan to the owner, A moreno, invested 10,000 cash to start the business
    6 bought for cash repair eqipment worth 45,000
    7 paid 3,550 for repair supplies bought
    9 cash of 2,5000 was received from a customer for repair service done on his automobile
    12 sent a bill for 9,500 to R. Fernandez for repair work done on his delivery truck
    15 paid for the tools ordered and received 2,500
    17 paid the wages of shop helper 2,500
    20 bought repair supplies from ABC trading worth 7,800 on credit
    22 collcted 2,500 from R. Fernandez as partial settlement of the account due to it
    25 gave 2,800 cash to ABC trading as a partial settlement of the account due to it
    29 received 25,000 from various custmers for repair services rendered
    30 paid rent of the shop 8,000
    30 paid the wages of the shop helper 2,500

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