2. (56 POINTS) JOURNALIZE THE FOLLOWING TRANSACTION FOR M.UBER CAR SERVICE COMPANY INCURRED DURING THE...
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2. (56 POINTS) JOURNALIZE THE FOLLOWING TRANSACTION FOR M.UBER CAR SERVICE COMPANY INCURRED DURING THE MONTH OF MARCH (REMEMBER TO DATE THE JOURNAL ENTRY AS WELL AS PLACE THE DR AND CR BEFORE THE ACCOUNT TITLE) 3/3 THE OWNER, M. UBER, CONTRIBUTED $150,000 INTO THE COMPANY'S BANK ACCOUNT. PURCHASED THREE CARS FOR $120,000, PAID $40,000 DOWN AND TOOK OUT A NOTE WITH LINCOLN FORD FINANCING COMPANY FOR THE REMAINING BALANCE. 3/4 3/5 PLACED AN AD FOR DRIVERS ON THE INTERNET WITH DEMAND SERVICES, COSTING $20,000. PAID $5,000 WITH THE BALANCE DUE IN 25 DAYS. 3/15 RECEIVED $27,000, FROM DEREK JETER FOR CAR SERVICES TO BE PROVIDED NEXT MONTH IN APRIL 3/20 PAID MAVIS $4,000, PREVIOUSLY OWED ON ACCOUNT FOR NEW TIRES. 3/30 PAID THE REMAINING AMOUNT OWED TO DEMAND SERVICES FOR THE AD PLACED ON 3/5, FOR DRIVERS
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