Question

Prepare journal entries for each of the following transactions. A company provides $500 of delivery services...

Prepare journal entries for each of the following transactions.

A company provides $500 of delivery services on account

A company records the cost of using $200 of Supplies that are on hand

A company collects partial amount of $300 from customer for services provided on account (#1 above)

A company pays a vendor $200 for utility costs

A company receives $600 for delivery services provided

A company records another month of insurance cost of 3,000

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