Question

3. How much does the business owe? 4. How much net income or net loss did Morton Company have for the m 2) Anya Smith started Geek Speak, a computer consulting business, in Februa the following transactions during March, 2012: 1. Geek Speak paid Anya a dividend of $1,000. 2. Received partial payment from customers on account, $1,500. 3. Paid the employees their monthly salary of $2,800. 4. Recorded $4,000 of revenue on account and mailed invoices to the custor 5. Purchased office supplies of $600 on account. 6. Paid for the office supplies purchased on account, $600. REQUIRED: Journalize the transactions. Debit 1- cash credit A-1

          3. How much does the business owe?
4. How much net income or net loss did Morton Company have for the m
2) Anya Smith started Geek Speak, a computer consulting business, in Februa
the following transactions during March, 2012:
1. Geek Speak paid Anya a dividend of $1,000.
2. Received partial payment from customers on account, $1,500.
3. Paid the employees their monthly salary of $2,800.
4. Recorded $4,000 of revenue on account and mailed invoices to the custor
5. Purchased office supplies of $600 on account.
6. Paid for the office supplies purchased on account, $600.
REQUIRED:
Journalize the transactions.
Debit
1- cash
credit
A-1

3. How much does the business owe?
4. How much net income or net loss did Morton Company have for the m
2) Anya Smith started Geek Speak, a computer consulting business, in Februa
the following transactions during March, 2012:
1. Geek Speak paid Anya a dividend of 1,000.
2. Received partial payment from customers on account,1,500.
3. Paid the employees their monthly salary of 2,800.
4. Recorded4,000 of revenue on account and mailed invoices to the custor
5. Purchased office supplies of 600 on account.
6. Paid for the office supplies purchased on account,600.
REQUIRED:
Journalize the transactions.
Debit
1- cash
credit
A-1

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