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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:

American Revolution

The period from 1765 to 1783 in which the thirteen American colonies won independence from British rule, establishing the United States of America.

Manumit

To release from slavery; to free a slave by the owner's decision.

Free Black Population

Describes Black individuals who were not enslaved, especially pertinent in pre-Civil War America.

Virginia Slaves

Enslaved African Americans who lived and worked in Virginia, historically one of the original thirteen colonies in the United States.

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