Journalize the Following Transactions for Redmond Storage and Prepare a Trial

question 32

Essay

Journalize the following transactions for Redmond Storage and prepare a trial balance dated June 30, 2019.
a)Owner, Roger Redmond invested $10,000 cash into the business.
b)Rented an office and paid one month's rent, $1,100.
c)Purchased $450 of supplies on account.
d)Performed a service on account, $1,550.
e)Paid $2,500 cash for office furniture.
f)Owner, Roger Redmond withdrew $1,700 cash for personal use.
g)Collected $1,200 on account.

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Definitions:

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Organizations that are not defined by, or limited to, traditional hierarchical structures or physical boundaries, enabling more fluid and flexible approaches to business operations.

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Organizational designs that involve multiple nodes or entities interconnected to facilitate information flow and collaborative operations.

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Emerging patterns or developments in how individuals or organizations arrange, systematize, and structure work and operations.

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