Answer:
Explanation:
The journal entries are presented below:
On Oct 1
Rent expense A/c Dr $ 5,000
To Cash A/c $5,000
(Being payment of rent is made in cash)
On Oct 3
Advertising expense A/c Dr $3,170
To Cash A/c $3,170
(Being payment of adverting expense is made in cash)
On Oct 5
Supplies A/c Dr $ 1,360
To Cash A/c $1,360
(Being payment of supplies is made in cash)
On Oct 6
Office equipment A/c Dr $20,800
To Accounts payable $20,800
(Being purchase of office equipment on account is recorded)
On Oct 10
Cash A/c Dr $6,800
To Accounts receivable $6,800
(Being cash is received from customer is recorded)
On Oct 15
Accounts payable A/c Dr $1,990
To Cash A/c $1,990
(Being payment is made in cash is recorded)
On Oct 27
Miscellaneous expense A/c Dr $860
To Cash A/c $860
(Being miscellaneous expenses is paid in cash is recorded)
On Oct 30
Utilities expenses $320
To Cash A/c $320
(Being telephone expenses is paid in cash is recorded)
On Oct 31
Accounts receivable A/c Dr $45,300
To Fees earned $45,300
(Being feed earned and billed customer is recorded)
On Oct 31
Utilities expenses $540
To Cash A/c $540
(Being electricity expenses is paid in cash is recorded)
On Oct 31
Drawings A/c Dr $3,400
To Cash A/c $3,400
(Being personal use amount is recorded)
