4B2440A
Lab Help me solve this I All parts showing After operating for several months, artist Paul Marciano completed the following transactions during the latter part of January: Borrowed $31,000 from the bank, signing a note payable on January 15. Painted a portrait for a client on account totaling $9,400 on January 22. Received $6,000 cash on account from clients on January 28. Received a utility bill of $400, which will be paid during February on January 29. Paid monthly salary of $3,000 to gallery assistant. Journalize the transactions of Paul Marciano, Artist. Include an explanation with each journal entry. January 30 Issue one side of the review the rules of debits and credits and determine how each account is affected in this transaction.
Journal Entry Debit Credit Accounts and Explanations
3000 3000 Date: January 30 Clear all