Carla Repair Shop had the following transactions during the first month of business as a...
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Accounting
Carla Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit occount titles are automatically indented when amount is entered. Do not indent manually.) Aug. 2 Invested $11,080 cash and $2,330 of equipment in the business. 7 Purchased supplies on account for $520. (Debit asset account.) 12 Performed services for clients, for which $1,343 was collected in cash and $628 was billed to the clients. 15 Paid August rent \$582. 19 Counted supplies and determined that only $275 of the supplies purchased on August 7 are still on hand
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