Exercise 2-10 Record transactions (LO4)
Sun Devil Hair Design has the following transactions during the month of February. |
February 2 | Pay $630 for radio advertising for February. |
February 7 | Purchase beauty supplies of $1,230 on account. |
February 14 | Provide beauty services of $2,550 to customers and receive cash. |
February 15 | Pay employee salaries for the current month of $830. |
February 25 | Provide beauty services of $930 to customers on account. |
February 28 | Pay utility bill for the current month of $230. |
Required: |
Record each transaction. Sun Devil uses the following accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Service Revenue, Advertising Expense, Salaries Expense, and Utilities Expense. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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