Answer:
Explanation:
The journal entries are shown below:
On Oct 1
Rent expense A/c Dr $ 4,400
To Cash A/c $4,400
(Being payment of rent is made in cash)
On Oct 3
Advertising expense A/c Dr $1,350
To Cash A/c $1,350
(Being payment of adverting expense is made in cash)
On Oct 5
Supplies A/c Dr $ 1,800
To Cash A/c $1,800
(Being payment of supplies is made in cash)
On Oct 6
Office equipment A/c Dr $11,500
To Accounts payable $11,500
(Being purchase of office equipment on account is recorded)
On Oct 6
Cash A/c Dr $8,600
To Accounts receivable $8,600
(Being cash is received from customer is recorded)
On Oct 15
Accounts payable A/c Dr $3,180
To Cash A/c $3,180
(Being payment is made in cash is recorded)
On Oct 27
Miscellaneous expense A/c Dr $700
To Cash A/c $700
(Being expenses is paid in cash is recorded)
On Oct 30
Utilities expenses $550
To Cash A/c $550
(Being telephone expenses is paid in cash is recorded)
On Oct 31
Accounts receivable A/c Dr $37,200
To Fees earned $37,200
(Being feed earned and billed customer is recorded)
On Oct 31
Utilities expenses $830
To Cash A/c $830
(Being electricity expenses is paid in cash is recorded)
On Oct 31
Dividend A/c Dr $2,000
To Cash A/c $2,000
(Being dividend is paid in cash is recorded)
