The May transactions of Blue Spruce Corp. were as follows, accounting homework help
The May transactions of Blue Spruce Corp. were as follows.
| May 4 | Paid $650 due for supplies previously purchased on account. | |
| 7 | Performed advisory services on account for $7,410. | |
| 8 | Purchased supplies for $850 on account. | |
| 9 | Purchased equipment for $2,010 in cash. | |
| 17 | Paid employees $610 in cash. | |
| 22 | Received bill for equipment repairs of $840. | |
| 29 | Paid $1,170 for 12 months of insurance policy. Coverage begins June 1. |
Journalize the transactions. (If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
| Date |
Account Titles and Explanation |
Debit |
Credit |
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