Answer:
Jan. 3 Paid office rent, $1,600.
Dr Rent expense 1,600
Cr Cash 1,600
4 Bought a truck costing $50,000, making a down payment of $7,000.
Dr Truck 50,000
Cr Cash 7,000
Cr Accounts payable 43,000
6 Paid wages, $3,000.
Dr Wages expense 3,000
Cr Cash 3,000
7 Received $16,000 cash from customers for services performed.
Dr Cash 16,000
Cr Service fees 16,000
10 Paid $4,100 owed on last month's bills.
Dr Accounts payable 4,100
Cr Cash 4,100
12 Billed credit customers, $5,300.
Dr Accounts receivable 5,300
Cr Service fees 5,300
17 Received $1,800 from credit customers.
Dr Cash 1,800
Cr Accounts receivable 1,800
19 Taylor Gordon, the owner, withdrew $1,700.
Dr Taylor Gordon, Drawing 1,700
Cr Cash 1,700
23 Paid $700 on amount owed for truck.
Dr Accounts payable 700
Cr Cash 700
29 Received bill for utilities expense, $255.
Dr Utilities expense 255
Cr Accounts payable 255
