Journalize the following transactions by Ayayai Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)1. Stockholders invest $82,500 cash to start the business.2. Purchased three digital copy machines for $450,000, paying $102,000 cash and signing a 5-year, 6% note for the remainder.3. Purchased $4,800 paper supplies on credit.4. Cash received for photocopy services amounted to $7,300.5. Paid $400 cash for radio advertising.6. Paid $1,000 on account for paper supplies purchased in transaction 3.7. Dividends of $2,200 were paid to stockholders.8. Paid $1,200 cash for rent for the current month.9. Received $2,100 cash advance from a customer for future copying.10. Billed a customer for $300 for photocopy services completed. No.Account Titles and ExplanationDebitCredit1.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount2.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount3.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount4.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount5.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount6.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount7.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount8.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount9.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount10.enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount

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Asked Sep 5, 2019
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Journalize the following transactions by Ayayai Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

1.   Stockholders invest $82,500 cash to start the business.
2.   Purchased three digital copy machines for $450,000, paying $102,000 cash and signing a 5-year, 6% note for the remainder.
3.   Purchased $4,800 paper supplies on credit.
4.   Cash received for photocopy services amounted to $7,300.
5.   Paid $400 cash for radio advertising.
6.   Paid $1,000 on account for paper supplies purchased in transaction 3.
7.   Dividends of $2,200 were paid to stockholders.
8.   Paid $1,200 cash for rent for the current month.
9.   Received $2,100 cash advance from a customer for future copying.
10.   Billed a customer for $300 for photocopy services completed.

 

No.
Account Titles and Explanation
Debit
Credit
1.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
2.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
3.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
4.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
5.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
6.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
7.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
8.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
9.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
10.
enter an account title
enter a debit amount
enter a credit amount
 
enter an account title
enter a debit amount
enter a credit amount
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Journalize the given transactio...

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Account Titles and Explanation Debit ($) Credit(S) No Cash 82,500 1 82,500 Common stock (To record cash invested by shareholders) |Equipment 450,000 2 102,000 348,000 Cash Notes payable (To record the copy machines purchased in exchange of cash and notes payable) Supplies Accounts payable |(To record purchase of paper supplies credit) 4,800 4,800 on Cash Service revenue |(To record cash received against services) 4 7,300 7,300 |Advertising expense 5 400 400 Cash |(To record cash paid for advertising)

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