Record the following selected transactions for April in a two-column journal, identifying each entry by letter:
(a)Received $18,000 from sale of common stock.(b)Purchased equipment for $27,000, paying $10,000 in cash and giving a note payable for the remainder.(c)Paid $2,300 for rent for April.(d)Purchased $1,500 of supplies on account.(e)Recorded $9,800 of fees earned on account.(f)Received $7,500 in cash for fees earned.(g)Paid $1,200 to creditors on account.(h)Paid wages of $3,425.(i)Received $7,900 from customers on account.(j)Recorded dividends of $1,875.

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The Answer of Record the following selected transactions for April in a two-column journal, identifying each entry by letter:
(a)Received $18,000 from sale of common stock.(b)Purchased equipment for $27,000, paying $10,000 in cash and giving a note payable for the remainder.(c)Paid $2,300 for rent for April.(d)Purchased $1,500 of supplies on account.(e)Recorded $9,800 of fees earned on account.(f)Received $7,500 in cash for fees earned.(g)Paid $1,200 to creditors on account.(h)Paid wages of $3,425.(i)Received $7,900 from customers on account.(j)Recorded dividends of $1,875.

Record the Following Selected Transactions for April in a Two-Column