Sun Devil Hair Design has the following transactions during the month of Februar

Question

Sun Devil Hair Design has the following transactions during the month of February. February 2 Pay $570 for radio advertising for February. February 7 Purchase beauty supplies of $1,170 on account February 14 Provide beauty services of $2,250 to customers and receive cash. February 25 Provide beauty services of $870 to customers on account. February 28 Pay utility bill for the current month of $170. Required Record each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 4 5 6 Pay $570 for radio advertising for February. Note: Enter debits before credits. Date General Journal Debit Credit February 02

Explanation / Answer

Date General Journal Debit Credit 02-Feb Advertising Expense Dr. 570 To Cash Account 570 (Being Advertising Expense Recorded) 07-Feb Purchases Account Dr. 1170 To Accounts Payable Account 1170 (Being Raw Material purchase Recorded) 14-Feb Cash Account Dr. 2250 To Service Reciept Account 2250 (Being Service provided Recorded) 15-Feb Salaries & Wages Account Dr. 770 To Cash Account 770 (Being Salaries Expense Recorded) 25-Feb Account Recievable Account Dr. 870 To Service Reciept Account 870 (Being Service provided Recorded) 28-Feb Utilities Account Dr. 170 To Cash Account 170 (Being Utilities Expense Recorded) Grand Total 5800 5800

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