Journalise the following transactions:
1)Roy started a window cleaning business by opening a bank account under the name "Pane Is Our Business" with a deposit of $15,000 from his personal account.
2)Purchased supplies on account for $1,500.
3)Billed customers, who have 30 days to pay, a total of $2,600 for window cleaning services
4)Paid $750 to the local newspaper for a series of ads to be run during the current month to acquaint potential customers with the business.
5)Charles wrote a business check in the amount of $300 to pay for the cleaning of his swimming pool at home.
6)Received $800 immediately after finishing cleaning the windows in an office building.
7)Received $1,200 from a customer previously billed
8)Wrote a business check in the amount of $250 to pay for supplies previously purchased on credit.© BrainMass Inc. brainmass.com March 4, 2021, 5:52 pm ad1c9bdddf
1)Dr Cash 15,000
Cr Capital 15,000
2)Dr Supplies 1,500
Cr Accounts Payable 1,500