Assignment: Raeph’s Auto Shop
- Due No Due Date
- Points 100
- Submitting a file upload
Usedocument to record the transactions below into a general journal. When recording the transactions into the general journal, be sure to record debits first, then credits.
|May 1||Raeph Savareses invested $75,000 cash in the auto shop.|
|5||Paid $8,000 for auto equipment.|
|8||Bought auto equipment from Leominster Co. for $6,000 on account.|
|14||Received $1,300 for repair fees earned.|
|18||Billed Lumb Co. $750 for services rendered.|
|20||Raeph withdrew $200 for personal use.|
Submit the following documents by the due date. Be sure to follow these requirements in your work:
Type your assignment into the MS Excel template provided in the instructions (.xls or .xlsx).
Please click the “Submit Assignment” link and follow the prompts to upload your assignment.