02 Jul The May transactions of Blue Spruce Corp. were as follows, accounting homework help
The May transactions of Blue Spruce Corp. were as follows.
May 4 Paid $650 due for supplies previously purchased on account.
7 Performed advisory services on account for $7,410.
8 Purchased supplies for $850 on account.
9 Purchased equipment for $2,010 in cash.
17 Paid employees $610 in cash.
22 Received bill for equipment repairs of $840.
29 Paid $1,170 for 12 months of insurance policy. Coverage begins June 1.
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. Record journal entries in the order presented in the problem.)
Account Titles and Explanation
Tags: accounting Balance Sheet
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