ID In the journal provided, prepare journal entries (in...
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ID In the journal provided, prepare journal entries (in good form) for the following transactions. Omit Apr. 1 Stuart Franz opened a dry cleaning service, called Same Day Cleaners, by depositing S60,000 into a business bank account for 5,000 shares of common stock.. 3 Paid two years' rent in advance, $14,400 Purchased dry cleaning equipment for $40,000. Paid $8,000 in cash, the remainder to be paid in two weeks. 17 Recorded cash received for services performed during the week, $3,000 20 Paid for the remainder of the equipment purchased on April 6 21 Received $200 in advance of cleaning and boxing a wedding gown. 23 Performed S500 o f dry cleaning services for Asa's Tuxedo Shop. Payment will be received in three days. 24 Paid the worker's wages for two weeks at $30 per week. 26 Received payment from Asa's Tuxedo Shop. 30 Received a telephone bill for $100 for the month of April, which will be paid in two weeks
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