D. Stone Surveying Co completed these transactions during April of the current year:Began a surveying company by investing $10,000 in cash andoffice equipment having a $4575 fair value.Apr 1Apr 2Apr 3Apr 8Purchased on credit office supplies, $450, and office equipment, $300.Completed surveying work for client and was paid immediately $500Completed surveying work for Acme Loan Co $1500 on credit Paid for the items purchased oncredit on April 2.Apr. 14Paid $2400 premium for the annual insurance policy.Apr. 15Paid semi monthly wages of $1500Apr. 18Received payment in full from Acme Loan Co, for the workcompleted on April 8.Apr. 27D. Stone withdrew $1100 cash from the business to paypersonal expenses.Apr. 30Paid the April telephone bill, $160.Prepare general journal entries to record the transactions. Use the attached Word File 20 marks

Name: D. Stone Surveying Co completed these transactions during April of th
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Description: D. Stone Surveying Co completed these transactions during April of the current year:Began a surveying company by investing $10,000 in cash andoffice equipment having a $4575 fair value.Apr 1Apr 2Apr 3Apr 8Purchased on credit office supplies, $450, a

DateAccount titles & ExplanationDebitCredit1-AprCash10,000office equipment4,575Owner's…

Answered: Prepare general journal entries to…

Business

Accounting

Prepare general journal entries to record the transactions. Use the attached Word File 20 marks

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets

Section: Chapter Questions

Problem 6AP

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