M H Acosta, CA completed these transactions during November of the current year:
Nov.
Began a public accounting practice by investing $ in cash and
office equipment having a $ fair value.
Nov.
Purchased on credit office equipment, $ and office supplies, $
Nov.
Completed accounting work for client and immediately received
a payment of $ cash.
Nov.
Completed accounting work on credit for Acme Loan Co $
Nov.
Paid for the items purchased on credit on November
Nov.
Paid the annual $ premium on an insurance policy.
Nov.
Received payment in full from Acme Loan Co for the work
completed on November
Nov.
M H Acosta withdrew $ cash from the practice to pay
personal expenses.
Nov.
Paid the November utility bills, $
Prepare general journal entries to record the transactions. Use the attached Word File.
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