Parrish Ch.3 pg. 61 Based on the information below, please complete the following. Thank you Prepare General Journal Entries (Partial Chart of Accounts) Post Journal Entries to the General Ledger 1) 2/01 Elena Martin starts her business , Elana's Nails, on February 1, 2027 by depsoting $5000 of her personal cash into her new business checking account at First Street Bank 2) 2/02 Elena pays one month's booth rent to Insyle salon for $200 cash 3) 2/05 Elena buys supplies for $300 cash 4) 2/07 Elena buys equipment for $400 cash 5) 2/10 Elena has her first customers and they pay her $300 for nail services 6) 2/11 Elena pays $50 cash for a shipment of supplies including a $10 shipping charge
Parrish Ch.3 pg. 61
Based on the information below, please complete the following. Thank you
Prepare General
1) 2/01 Elena Martin starts her business , Elana's Nails, on February 1, 2027 by depsoting $5000 of her personal cash into her new business checking account at First Street Bank
2) 2/02 Elena pays one month's booth rent to Insyle salon for $200 cash
3) 2/05 Elena buys supplies for $300 cash
4) 2/07 Elena buys equipment for $400 cash
5) 2/10 Elena has her first customers and they pay her $300 for nail services
6) 2/11 Elena pays $50 cash for a shipment of supplies including a $10 shipping charge
Required journal entries:
Journal entries are posted to general ledger as follows:
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