George Smyth Opened a Computer Repair Business on Apr

question 72

Essay

George Smyth opened a computer repair business on Apr. 1, 20--. During the first month of operations, the firm had
the following transactions. Record these transactions on page 1 of the general journal. Omit explanations.
Post appropriate transactions to the general ledger.
Apr. 1
George Smyth invested $30,000 cash in the business.
2
Paid rent for April, $2,100.
8
Bought equipment for $12,000 and issued a check for $3,000 as a down payment.
12
Performed services for $3,200 in cash, and $1,200 on credit.
19
Paid electric bill, $225.
25
Received $900 on account from credit customers.
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Definitions:

Resting Membrane Potential

The electrical charge difference across the cellular membrane when a neuron or muscle cell is at rest, typically around -70 mV.

Afterpotential

The electrical changes that occur in a neuron immediately following an action potential, which can affect the neuron's ability to fire again.

Permeability

Permeability refers to the ability of a material or membrane to allow liquids or gases to pass through it.

Sodium-Potassium Pump

The sodium-potassium pump is a membrane-bound enzyme critical for cellular function, actively transporting sodium out of and potassium into cells, helping maintain cellular electrochemical gradients.