Question

At the end of September 2021, total owner’s equity for Beaulieu Group Company was $8,105. During October, the following transactions occurred:

1.		Provided services to a client and received $1,840 cash.
2.		Paid $1,020 for October’s rent.
3.		Purchased $480 of supplies on account.
4.		Provided services to a client and billed the client $2,255.
5.		Collected $1,195 from the client billed in transaction 4.
6.		Received $7,960 cash from a client for services to be provided in November.
7.		Paid $7,760 cash for insurance coverage for the next 12 months.
8.		Paid for the supplies purchased on account in transaction 3.
9.		Shehla Beaulieu, the owner, withdrew $2,635 cash for personal use.

i need to journalize these transactions

Answer 1

Date	Details	Dr.$	Cr.$
1	Cash	1840
	Service revenue		1840
2	Rent expense	1020
	Cash		1020
3	Supplies	480
	Accounts payable		480
4	Accounts receivable	2255
	Service revenue		2255
5	CAsh	1195
	Accounts receivable		7960
6	CAsh	7960
	Unearned service revenue		7960
7	Prepaid insurance	7760
	Cash		7760
8	Accounts payable	480
	Cash		480
9	Drawings	2635
	Cash		2635