Prepare General Journal Entries to Record the Following Transactions

question 18

Essay

Prepare general journal entries to record the following transactions. Omit explanations.
​
Jan. 3
Paid office rent, $1,600.
4
Bought a truck costing $50,000, making a down payment of $7,000.
6
Paid wages, $3,000.
7
Received $16,000 cash from customers for services performeD.10
Paid $4,100 owed on last month's bills.
12
Billed credit customers, $5,300.
17
Received $1,800 from credit customers.
19
Taylor Gordon, the owner, withdrew $1,700.
23
Paid $700 on amount owed for truck.
29
Received bill for utilities expense, $255.
​

---

Definitions:

HR Planning

The process by which an organization ensures that it has the right number and kind of people, at the right place, at the right time, capable of effectively and efficiently completing tasks that will help the organization achieve its overall strategic goals.

HR Metric

A measurable value that is used to track and assess the efficiency and effectiveness of HR policies and procedures.

Standard Eight-Hour Shift

A traditional work schedule that consists of eight hours of work per day, often used as a benchmark for full-time employment.

Customer Satisfaction

The level of contentment or pleasure a customer derives from the purchase of goods or services and their experience with a company.