Manny Gill is an entrepreneur who started West Secure, a
business that provides a number of security guard services. West
Secure incurred the following transactions during July 2020, its
first month of operations:
July | 1 | The owner, Manny Gill, invested $6,000 cash. |
10 | Purchased $3,500 worth of security equipment on credit. | |
12 | Performed security services for a sold-out concert and received $11,000 cash from the client. | |
14 | Paid for expenses; $4,500. | |
15 | Completed security services for a graduation event and sent the client a bill for $2,000. | |
31 | The owner withdrew $350 cash for personal use. |
Required:
2. Record the journal entries for the month of July
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