| No | Date | General Journal | Debit | Credit |
|---|---|---|---|---|
| 1 | Sep 01, 2019 | Cash | 53,000 | |
| 1 | Zack Mason, Capital | 53,000 | ||
| 2 | Sep 04, 2019 | Equipment | 5,800 | |
| 2 | Accounts payable | 5,800 | ||
| 3 | Sep 16, 2019 | Automobile | 13,800 | |
| 3 | Cash | 13,800 | ||
| 4 | Sep 20, 2019 | Supplies | 450 | |
| 4 | Cash | 450 | ||
| 5 | Sep 23, 2019 | Cash | 135 | |
| 5 | Supplies | 135 | ||
| 6 | Sep 30, 2019 | Accounts payable | 3,500 | |
| 6 | Cash | 3,500 | ||
| 7 | Sep 30, 2019 | Zack Mason, Drawing | 2,300 | |
| 7 | Cash | 2,300 | ||
| 8 | Sep 30, 2019 | Rent expense | 1,350 | |
| 8 | Cash | 1,350 | ||
| 9 | Sep 30, 2019 | Cash | 2,400 | |
| 9 | Fees income | 2,400 | ||
| 10 | Sep 30, 2019 | Telephone expense | 400 | |
| 10 | Cash | 400 |
Selected activity of Mason Consulting Services follow.
| TRANSACTIONS | |||
| 1 | Zack Mason invested $53,000 in cash to start the firm. | ||
| 4 | Purchased office equipment for $5,800 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. | ||
| 16 | Purchased an automobile that will be used to visit clients; issued Check 1001 for $13,800 in full payment. | ||
| 20 | Purchased supplies for $450; paid immediately with Check 1002. | ||
| 23 | Returned damaged supplies for a cash refund of $135. | ||
| 30 | Issued Check 1003 for $3,500 to Den, Inc., as payment on account for Invoice 9823. | ||
| 30 | Withdrew $2,300 in cash for personal expenses. | ||
| 30 | Issued Check 1004 for $1,350 to pay the rent for October. | ||
| 30 | Performed services for $2,400 in cash. | ||
| 30 | Paid $400 for monthly telephone bill, Check 1005. |
Prepare journal entries for the transactions incurred during September of 2019.
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