Đỗ Hà Ngân HS163434

Business transactions during December of XYZ company are presented as follows:

1. The owner invested $30,000 cash in the corporation
Dr Cash 30,000
Cr Owner Equity 30,000
2. Purchased $5,500 of equipment with cash
Dr Equipment 5,500
Cr Cash 5,500
3. Purchased a new truck for $8,500 cash
Dr truck expense 8,500
Cr cash 8,500
4. Purchased $500 in supplies on account
Dr Supplies 500
Cr Account payable 500
5. Paid $300 for supplies previously purchased
Dr account payable 300
Cr cash 300
6. Paid February and March Rent in advance for $1,800
Dr prepaid account 1,800
Cr rent expense 1,800
7. Performed work for customers and received $50,000 cash
Dr cash 50,000
Cr revenue 50,000
8. Performed work for customers and billed them $10,000
Dr account receviable 10,000
 Cr revenue 10,000
9. Received $5,000 from customers from work previously billed
Cr unearned revenue 5,000
Dr cash 5,000
10. Paid office salaries $900
Cr cash 900
Dr salaries expense 900
11. Paid utility bill $1,200
Cr cash 1,200
Dr utility expense 1,200
1/ Prepare Journal entries to record each of the above transaction