Global Delivery opened for business on July X The company uses the general ledger accounts listed below. During the first month of business, the firm had the transactions listed below.
Cash
Accounts Receivable
Supplies
Prepaid Rent
Delivery Equipment
Accounts Payable
Colleen Miriam, Capital
Colleen Miriam, Drawing
Delivery Fee Income
Advertising Expense
Utilities Expense
July Colleen Miriam, the owner, invested $ cash in the business.
July Issued Check for $ to pay the rent for July and August.
July Bought delivery equipment for $ Issued Check for $; balance is due in days.
July Purchased supplies for $ cash, Check
July Returned damaged supplies and received a cash refund of $
July Performed delivery services for $ on credit.
July Purchased supplies for $ cash, Check
July Issued Check for $ for a newspaper advertisement.
July Issued Check for $ to pay creditor.
July Issued Check for $ to Colleen Miriam for personal expenses.
July Performed delivery services for $ cash.
July Issued Check for $ for utilities.
Prepare journal entries to record the above transactions. Post the transactions into the appropriate Cash general ledger account.